A significant decline in faith in artificial intelligence is reportedly impacting stock markets in the asia-pacific region, with the nikkei experiencing a substantial drop. The nikkei has plunged, with some reports indicating a 4% decline, while others specify a drop of 2,694 yen, which is said to be one of the largest point drops on record. The philadelphia semiconductor index is also being affected, with some reports indicating it is nearing a bear market after a sharp decline over two days.