Asia stocks to drop after AI rout rocks US markets - Yahoo Finance — SkimNews
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- Asian markets are set to fall after an AI-led rout in U.S. stocks, with jitters over AI investment spreading from the U.S. to Asia.
- Micron stock sank 17% as the chip sector crashed, providing a concrete company-level measure of the broader market downturn.
Why it matters: For Asian investors, the selloff is no longer confined to U.S. trading: AI investment jitters are carrying into regional stocks, while Micron’s 17% plunge and the chip-sector crash show losses already spreading beyond a single company across global equity markets.
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