Wall Street’s brutal, $3.7 trillion rout cascaded into Asian markets, putting chipmakers and tech companies in its crosshairs.

Host K. Oanh Ha sat down with Bloomberg Opinion Columnist Shuli Ren to look at what comes next for AI – and consider whether this is simply a correction or a crack in the AI bubble.

Read more: 
Anatomy of a Selloff: Sudden Chain Reaction Rattles Wall Street
AI Has Taken Over Every Corner of the Market

We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer.

Host: K. Oanh Ha and David Gura; Guest: Shuli Ren; Produced by Naomi Ng and David Fox; Edited by Crispina Robert and Nicole Beemsterboer; Engineering by Sean Carter.

Wall Street&rsquo;s brutal, $3.7 trillion rout cascaded into Asian markets, putting chipmakers and tech companies in its crosshairs.
Host K. Oanh Ha sat down with Bloomberg Opinion Columnist Shuli Ren to look at what comes next for AI &ndash; and consider whether this is simply a correction or a crack in the AI bubble.
Read more:&nbsp;
<ul>
<li><a href="https://www.bloomberg.com/news/articles/2026-11-06/anatomy-of-a-selloff-sudden-chain-reaction-rattles-wall-street?srnd=homepage-americas">Anatomy of a Selloff: Sudden Chain Reaction Rattles Wall Street</a></li>
<li><a href="https://www.bloomberg.com/graphics/2026-ai-bubble-financial-markets/?srnd=homepage-americas">AI Has Taken Over Every Corner of the Market</a></li>
</ul>
We have a special Bloomberg subscription offer for podcast listeners at <a href="https://www.bloomberg.com/subscriptions/podcasts">Bloomberg.com/podcastoffer.</a>
Host: K. Oanh Ha and David Gura; Guest: Shuli Ren; Produced by Naomi Ng and David Fox; Edited by Crispina Robert and Nicole Beemsterboer; Engineering by Sean Carter.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

Big Take

The New AI Trade Is FOGO: ‘Fear of Getting Obliterated’

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/5446b2c6-e01e-4eb3-a4b4-b4fa0156b73d/transcript