Asian Stocks Hit TwoMonth Low on AI Jitters
Asian stocks fell to a two-month low as a sharp selloff in major chipmakers prompted a broader rethink of the artificial intelligence trade. Investors shifted toward government bonds while awaiting upcoming US inflation data and corporate earnings.
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Asian stocks tumbled to a two-month low on Tuesday as a sharp selloff in chipmakers triggered a broad retreat from AI-linked equities. The regional drop reflects mounting investor scrutiny over whether surging capital expenditures will generate sufficient near-term returns.
