AI boom may be on its last legs amid stock volatility and dash for cash—but will go out in a blaze of glory with ‘blow-off phase’ before bubble pops

The AI-driven stock market rally faces volatility as the Nasdaq and S&P 500 decline, with South Korea's Kospi index crashing 10% after SK Hynix announced plans to slow its AI memory business. Analysts warn of an 'equity bubble' nearing a 'blow-off phase' before a potential collapse, citing unsustainable investor expectations despite strong earnings from companies like Micron.