Asian stocks declined on Friday amid a broad sell-off in semiconductor and artificial intelligence-related companies after Microsoft and Apple increased prices on some of their most popular products.
AI demand is boosting some sectors, but at the same time creating pressures elsewhere in the tech supply chain.
The dollar index weakened slightly as PCE inflation data matched expectations and traders adjusted Federal Reserve rate hike bets.
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Market Analysis
Asian Shares Retreat As AI-related Stocks Slump After Recent Rallies
2026-06-26 08:53:21
