Asian stocks retreated on Friday after a Wall Street rout wiped out roughly $2.5 billion in market value and sent the Nasdaq into correction territory overnight.
Shares of companies exposed to AI data centers, including crucial chipmakers and semiconductor manufacturers came under significant selling pressure amid concerns over valuations and whether substantial AI spending can generate sufficient returns.
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Asian Shares Retreat As Tech Stocks Plunge On AI Slowdown Fears
2026-11-06 08:38:36
