Tech market sell-off deepens amid fears over US inflation and AI debt

Global markets have experienced an accelerating sell-off of AI-linked shares due to fears over rising inflation and potential interest rate hikes. Tech investors and chip makers such as Samsung and SoftBank have seen significant plunges in their stock prices.

Larry Elliott, a Guardian journalist, has warned that the global economy is muddling through but faces an impending storm, as investors remain wary of the tech sector's future prospects.