A deepening sell-off in AI-related stocks has wiped out more than $800 billion from Asia’s stock markets in a single day. Semiconductor-heavy markets, including South Korea and Taiwan, experienced substantial declines. The MSCI Asia-Pacific index, along with major indices in Japan and South Korea, reported notable decreases. The sell-off reflects growing skepticism over AI sector valuations, macroeconomic pressures including rising interest rates, and increased competition from Chinese chipmakers.
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