Investors Brace for AI Market Correction as Nasdaq Sheds Trillions

The tech-heavy Nasdaq has entered correction territory after falling roughly 12 percent over the past month, wiping out $2.5 trillion in market value. The downturn follows regulatory fears sparked by U.S. midterm elections, raising doubts about the sustainability of massive AI infrastructure debt. Market turbulence has also stoked anxiety over Anthropic's planned record-breaking initial public offering.