Semiconductor Stocks Plunge $500 Billion Amid AI Valuation Worries

Global semiconductor stocks, including major players like "Samsung Electronics", fell $500 billion amid fears of overvalued "Artificial intelligence" beneficiaries, raising concerns about future earnings.

• The semiconductor sector saw a dramatic selloff, with total losses reaching $500 billion as investors reacted to concerns over inflated "valuation (finance)" of AI-related companies.
• "Samsung Electronics" and Taiwan Semiconductor Manufacturing Co. were among the major Asian chipmakers that experienced significant stock declines during this tumultuous trading period.
• The decline in semiconductor stock prices highlights a growing unease about the sectors earnings potential, compounded by ongoing worries regarding rising interest rates.