Asian shares drop, with South Korea's Kospi down more than 5%

Asian shares dropped, with South Korea's Kospi index falling over 5% due to declines in U.S. artificial intelligence-related stocks. U.S. tech companies like Broadcom and Micron Technology saw significant share losses, while Asian markets such as Japan's Nikkei 225 and South Korea's SK Hynix and Samsung Electronics also declined. Oil prices stabilized after earlier losses linked to the Iran war and the closed Strait of Hormuz.