Wall Street turmoil: Tech and chip stocks tumble

United States stock exchanges saw sharp declines today (Wednesday), following the rally recorded in the previous trading session. According to Globes and Calcalist, the Nasdaq index has entered correction territory, and chip giants have wiped out trillions of dollars from their market value, with the semiconductor index losing approximately 9%. At the same time, the fear index surged by about 50%. Market experts point to concerns regarding political implications for AI infrastructure and a rotation of investors into value stocks as potential reasons for the trend. Analysts warn of a slowdown in AI investments, though many believe the industry will continue to evolve and become more concentrated. Further details on the long-term impacts of this trend have not yet been released.