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Nvidia too as U.S. AI, semiconductor stock rout sends global tech shares tumbling

U.S. semiconductor shares fell sharply, triggering profit-taking across global technology stocks that had led the AI-driven rally. The Philadelphia Semiconductor Index slid 7.9 percent, with Micron, SanDisk, AMD, Qualcomm and Nvidia all lower. Selling spread to South Korea and Europe, with Samsung Electronics and SK Hynix down about 12 percent and European chip and equipment names also falling. Some investors shifted into defensive stocks.