📈 Stocks & Economy🇮🇳 India
Global AI Sell-Off Hammers Tech Stocks; South Korea's Market Plunges 10%
CNN·Wednesday, 24 June 2026
A sharp global sell-off hit tech and chip stocks, with the Nasdaq closing down more than 2.2%. South Korea's market plunged 10%. Shares of Nvidia dropped more than 4%, Intel shed over 6%, and Marvell Technology tumbled more than 9%, with memory chipmakers Micron and SanDisk among the biggest losers.
Why It Matters
Indian IT stocks and semiconductor-linked companies often move in step with global tech trends, so a sharp US and Asian tech sell-off can ripple into Indian markets.
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