AI stocks erase $13.2 trillion in market value as selloff deepens

AI-related equities have shed $13.2 trillion in market value as a deepening selloff underscores how sensitive the sector has become to political shifts. The drawdown highlights concentration risk for investors heavily weighted toward AI names and reinforces calls for diversification and closer attention to policy developments. The scale of the wipeout makes this one of the sharpest repricing episodes for the theme, with knock-on effects likely across adjacent risk assets, including crypto. What to watch next: whether political and regulatory signals stabilize sentiment, and whether capital rotates into less crowded sectors.