Asian technology stocks fell Thursday, tracking the overnight decline of their U.S. counterparts. SK Hynix plunged 9.71% in Seoul while Samsung Electronics retreated 6.13%. In Japan, Kioxia lost 8.84% and SoftBank Group fell 4.36%. Despite the volatility, J.P. Morgan maintained its optimism on the sector, saying the Asian tech sell-off has not derailed the AI investment cycle. The previous day, these same stocks had surged, with SoftBank soaring more than 13%.
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