WS #12270
Global tech selloff deepens as semiconductor rout widens, with Nikkei down 4%, KOSPI down 6%, and Nasdaq futures down 1.5% premarket, driven by AI capex skepticism and weak guidance from Netflix and Intuitive Surgical. Apple sues OpenAI and two ex-employees for misusing trade secrets to aid OpenAI's consumer hardware push, with potential injunctions that could slow OpenAI's hardware ambitions.
Tech Selloff Escalates
Global tech selloff deepens as semiconductor rout widens, with Nikkei down 4%, KOSPI down 6%, and Nasdaq futures down 1.5% premarket, driven by AI capex skepticism and weak guidance from Netflix and Intuitive Surgical.
Apple sues OpenAI and two ex-employees for misusing trade secrets to aid OpenAI's consumer hardware push, with potential injunctions that could slow OpenAI's hardware ambitions.