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AI Shock Rocks Global Tech Stocks Amid Sell-Off
Tech stocks fall sharply as AI-related concerns trigger market sell-offs.
Global technology stocks declined sharply as concerns over rapid artificial intelligence adoption unsettled investors worldwide. Major firms including Apple and Indian IT companies such as Infosys, TCS, HCLTech, and Wipro witnessed significant selling pressure. Analysts attribute the downturn to fears that automation could disrupt traditional service models and compress margins. Heightened valuation concerns and broader market volatility intensified the sector-wide correction.