Global stock selloff becomes worst rout in years as investors worry about AI buildout under new Congress
Summary
Stock markets sold off across the world in what is described as the worst rout in years. Investors fretted about the durability of the AI buildout under a Democrat-controlled Congress, and chipmaking hubs saw steep declines.
Timeline
Semafor
Source ↗Semafor reports that the stock selloff has gone global in its worst rout since 2020, with investors fretting about the durability of the AI buildout under a Democrat-controlled Congress and chipmaking hubs seeing steep declines.

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