Asian Stocks Tumble as AI Rout Hits US Markets
Asian technology-heavy markets fell sharply Friday, with the Nikkei down 7% amid fears of increased regulatory scrutiny and slower AI build-out. The decline followed the steepest drop in US stocks since the April 2025 tariff-driven selloff.
By Ankur BanerjeeA rout in Asia's tech-heavy markets deepened on Friday as fear of increased regulatory scrutiny and a slowdown in AI build-out precipitated the steepest decline in US stocks since the tariff-triggered "Liberation Day" selloff in April 2025.Japan's Nikkei TVC:NI225 slumped 7% immedi…