Global equity markets slid to their lowest level in a month on Tuesday, driven by a broad-based retreat from semiconductor stocks.
The sell-off accelerated across Asian, European, and US trading sessions as risk aversion intensified among institutional investors.
The semiconductor sector bore the brunt of the decline.
Traders are increasingly concerned about the sustainability of the artificial intelligence investment boom and the competitive threat posed by Chinese chipmakers.
These fundamental worries are compounding broader macroeconomic anxieties, particularly the resurfacing possibility of a US interest rate hike, which weighs heavily on growth-oriented technology valuations.
The rout marks a continuation of the pressure that has plagued tech-heavy indices in recent days.