Asian technology stocks extended their sell-off on Wednesday, with semiconductor names leading declines after another weak session in the U.S. In South Korea, SK Hynix slid more than 10% after the chip giant missed analysts’ estimates despite posting record quarterly profit and revenue. In Japan, SoftBank Group, a major AI investment proxy through its stake in Arm, lost more than 7%. Aberdeen Investments said the recent market pullback has brought valuations to more attractive levels, creating opportunities to add exposure to high quality businesses at more reasonable prices.
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