BUSINESSWPLG LOCAL 10 MIAMI
Asian shares sink, with Tokyo down more than 5% as slumping AI stocks drag world markets lower
Asian shares fell sharply, with Tokyo's Nikkei 225 dropping 4% as AI-related stocks, including TSMC and Tokyo Electron, declined due to concerns over overvaluation and unsustainable demand. Oil prices rose amid Middle East tensions, while U.S. stocks like Nvidia and Micron Technology also fell.
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- Asian shares sink, with Tokyo down nearly 5% as slumping AI stocks drag world markets lower
- Asian shares sink, with Tokyo down more than 5% as slumping AI stocks drag world markets lower
- Asian shares sink, with Tokyo down nearly 5% as slumping AI stocks drag world markets lower
- Asian shares sink, with Tokyo down nearly 5% as slumping AI stocks drag world markets lower
- Slumping AI stocks overshadow gains for the rest of Wall Street, while oil prices drift
- Asian shares mostly decline with South Korea's Kospi down 6.6%, while oil prices slip