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Nasdaq Plunges 2.6% on AI Investment Fears

On Thursday, the Nasdaq fell 2.6% as AI investment skepticism resurfaced, with the tech-heavy index leading declines and the semiconductor index plunging 6.7%, according to Yonhap. The S&P 500 also fell, while oil prices hit their highest levels since May on Iran war worries, as Korea Times reports. Chosun Ilbo notes that big tech firms are pouring astronomical funds into AI leadership, but investors worry about whether they can reap profits in time, with Middle East tensions adding pressure. Maeil Business reports that AI investment profitability skepticism drove a flight to safe assets, sending US Treasury yields lower. Korean shares also slid over 3% on profit-taking in chip shares amid persistent AI woes, per Korea Times.

  1. 뉴욕증시, AI투자 불안에 나스닥 2.6%↓…반도체지수 6.7% 급락(종합) 연합뉴스 · 2026-10-22
  2. Worldwide drops for AI stocks send Wall Street toward its worst day since July Korea Times · 2026-10-22
  3. AI 투자비 부담·중동 전운에 흔들린 뉴욕증시… 나스닥 2.6% 급락 마감 조선일보 · 2026-10-22
  4. AI 쇼크에 너도나도 국채로...나스닥 2.6% 급락 [월가월부] 매일경제 · 2026-10-22
  5. Seoul stocks slide over 3% on profit-taking amid persistent AI woes Korea Times · 2026-10-22

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