Asian shares fall on chipmaker drag, bonds cheer cooler inflation - Reuters
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- Asian equity markets declined across the region, driven by a chipmaker selloff that hit the Kospi hardest, with Reuters, Bloomberg, the WSJ, and Yahoo Finance all citing AI-related concerns as the drag on tech shares
- Bond markets moved in the opposite direction of equities, cheering cooler inflation data even as regional tech stocks tumbled
Why it matters: The chip-led selloff underscores how exposed Korea's Kospi and broader Asian indices have become to AI-sector sentiment, tying trillions in regional equity value to the trajectory of a handful of US chip names.
