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AI traders behaving like casino gamblers? What made chip trade toxic and why that’s good news for India

Economic Times 13 October 2026 at 07:32 am 1 min read 1 views Read Original
AI traders behaving like casino gamblers? What made chip trade toxic and why that’s good news for India

Global AI stock enthusiasm hit a roadblock as South Korea's Kospi plunged 7.4% on chip competition concerns and Broadcom's warning on AI spending. Conversely, Indian IT stocks surged, adding Rs 26,000 crore in market cap as investors rotated into services over semiconductor hardware exposure.

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