Asian stocks fall as chip and AI shares face selling pressure
The Nikkei 225 and KOSPI fell 0.7% and 0.6%, respectively; the Hang Seng dropped 1.3%, the Shanghai Composite 0.7%, and Taiwan's TAIEX 2.6%.
The tech-heavy Nikkei 225 and KOSPI indices fell 0.7% and 0.6%, respectively, while the Hang Seng dropped 1.3% and the Shanghai Composite fell 0.7%. Taiwan's TAIEX dropped 2.6% due to a heavy tumble from TSMC.Stocks in the chip and AI-adjacent sectors were under heavy selling pressure across Asia…