Asian Shares Retreat as Technology Stocks Face Selling Pressure
Asian stocks fell on Thursday as AI and semiconductor shares came under heavy selling pressure amid concerns about the sustainability of the artificial-intelligence trade.
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08:59:23 AM UTC
SquawkNews
By Marc Jones and Gregor Stuart HunterA sharp selloff in Asian tech stocks sent a chill through global equity markets on Thursday, as crowded bets on data centres and other key AI plays faced a reckoning from high and rising interest rates.European trading brought something of a stabilisation with…