EconomyAI anxiety sparks tech rout and broad selloff across Asian markets
Asian markets declined on Tuesday as concerns grew over the enormous funding needs of the artificial-intelligence boom. Chipmakers led the losses, driving a wider technology selloff. Falling oil prices provided only limited support for bonds. Traders remained uneasy about the possibility of U.S. interest-rate hikes, potentially as soon as this week.
AI anxiety sparks tech rout and broad selloff across Asian markets