Asia Stocks Fall Sharply as AI Sell-Off Hits Japan and South Korea
Asian stock markets declined significantly due to a global sell-off in technology shares driven by fears over artificial intelligence. The rout wiped out $2.5 trillion from US markets, impacting major Asian chipmakers like SK Hynix, Samsung, Softbank, and TSMC. The Nasdaq sell-off extended into Asian trading, causing steep losses in Japan and South Korea's markets.
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