The Chip Rout: A Canary in the Coal Mine for Global Markets The world's stock markets hit a one month low on Tuesday, with the tech heavy Nasdaq Composite falling 1. 37% as investors dumped chipmakers worldwide.
Beneath this seemingly technical selloff lies a more ominous story – one that speaks to a fundamental shift in global economic power and strained relationships between major economies.
The rout was led by Asian chipmakers, which have been at the heart of recent market volatility.