WS #10505
Nasdaq futures down 2.6%, South Korea Kospi plunges 10% from record high, chipmakers down over 12% in Asia, selloff spreads to Europe; multiple sources corroborate the depth and breadth of the rout. IBM joins OpenAI Daybreak Cyber Partner Program and gets JP Morgan upgrade; Micron breaks $1,200 on Anthropic AI-memory deal; BofA raises price targets on Intel, Arm, and Micron citing AI spending visibility.
Global Tech Selloff Escalates
Nasdaq futures down 2.6%, South Korea Kospi plunges 10% from record high, chipmakers down over 12% in Asia, selloff spreads to Europe; multiple sources corroborate the depth and breadth of the rout.
IBM joins OpenAI Daybreak Cyber Partner Program and gets JP Morgan upgrade; Micron breaks $1,200 on Anthropic AI-memory deal; BofA raises price targets on Intel, Arm, and Micron citing AI spending visibility.