Stock markets around the world are experiencing significant declines as fears surrounding artificial intelligence and semiconductor stocks mount. Wall Street has seen sharp sell-offs, with the Nasdaq and S&P 500 both dropping over 2%. The concerns have spread from the U.S. to Asia, where South Korean tech stocks plunged 10%. Major companies such as Nvidia, Micron, and Tesla have been leading the decline, prompting widespread worries about the potential implications of diminished AI spending. As investors react to these developments, the global tech rout shows no signs of abating.