Global stocks slide as semiconductor selloff deepens; oil heads for weekly gain

Global stocks fell on Friday as a selloff in semiconductor shares deepened, dragging on technology and artificial-intelligence-linked equities across Asia, the United States and Europe. Reuters reported that stocks dropped on a "deepening semiconductor rout" while oil was set for a weekly gain. [Reuters: https://news.google.com/rss/articles/CBMigwFBVV95cUxNVTBUX2ZaNk9EY2M2SU5BaEw4VkRFXzF6OE1MeENrcVRwT1hnd2gtbzVDODJ3VUh2ZXdOYi03b2ZobHhhdlMzSE1fOWM0b3lWTlh1Q2VENEFFdHlKWmNuOVltd0R4X254aFM0SmNjZ3RIWVNqREU3OXlHSFNsUGtBUXYyUQ?oc=5]

The Financial Times said global tech stocks fell as the AI trade "went into reverse," underscoring a broad reassessment of the megacap and chip sectors that have powered much of the recent advance in global equities. [FT: https://news.google.com/rss/articles/CBMihAFBVV95cUxPeXRLaFRlQTh3SUQzbXRMRmpmZ1FOaTdNMG9WSDFlRHQ5TVgxZGJ6cUJhZ25uSXd1T2JUc0VwZUx6MzIzR2xmb3hFOERjYmh3VExwdGFRdHJTZGdsamRjOTJmZUxjQ3pJdEtJV1piVGNsdVY1S2JOLW1KcWR4R0JOMXNOZUU?oc=5]

The pressure was visible first in Asia, where Reuters said analysts described a "bloodbath" as regional shares sank on the tech selloff, highlighting how the weakness is transmitting across time zones. [Reuters (Asia): https://news.google.com/rss/articles/CBMiiAFBVV95cUxNSVJOZngtYmRxdXlreVFWNDhPaFpsZ254UkJxT0ZhMk9jSlR0RkhWeEtMNHgwZlk1TWk0dG8yaTQ3TVJfaXdoY2lpQ2lLTV9TX0djRVRwUkp1cDFjSzBIOXRIeHozeHZBcl9neWV1T0RQVms2Z2xrV3pHelRjQTVaUDdiWVdLQnFB?oc=5]

In the United States, The Wall Street Journal reported that stock futures were lower as a chip selloff rocked markets, signalling that the semiconductor weakness was rippling through major benchmarks ahead of the cash open. [WSJ: https://news.google.com/rss/articles/CBMingFBVV95cUxOcVBLSTRtX3RsMFZlbkx4SzRoMHlVY1dFUGVROG1jX0RnZUs3U19HQ2dVc2l4dHpNN1M1Uzc4bGxHbFVfTHZZYWNOZGtEanNBM2NHRTd2M3NITklKY2JFMmNBU21pWFN5TVAyaGZDSTdjX2VWLWREMGFRaEl6TUQ5X0hXd3pob25ZdTlDMkV6OGkya1dwd2prc2JsdmZ6UQ?oc=5]

The moves come as investors scrutinise valuations and earnings prospects for chipmakers and related firms, with the pullback testing a trade that had become one of the most crowded positions in global markets.

_Source Reporters corrects factual errors as soon as they are confirmed._