NASDAQ:MIR 26 September 2025

March 22, 2026, 9:55 PM EDT. The market's fear gauge, the CBOE Volatility Index (VIX), recently surged to 24 amid concerns over AI revenue prospects and geopolitical tensions. Over three years, AI stocks like Nvidia and Meta have led a nearly 78% rise in the S&P 500. However, recent market volatility reflects investor uncertainty around high capital spending in AI infrastructure, including $700 billion pledged by tech firms this year. The VIX measures expected price swings in the S&P 500 over 30 days; a rising VIX signals anticipated market instability. Historically, peaks in the VIX coincide with or precede declines in the S&P 500. This pattern suggests AI-related shares could face near-term pressure but also potential recovery opportunities as volatility normalizes.