Asian markets experienced a significant downturn as fears surrounding artificial intelligence triggered a selloff in technology stocks. This decline was particularly pronounced in South Korea and Japan, where indices such as the KOSPI and Nikkei suffered sharp losses. Concerns over substantial capital requirements and valuation pressures facing AI-linked sectors, especially chipmakers, fueled these moves. This market weakness reflects earlier declines in U.S. and global equities as investors reassess their outlook for AI investments.
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