Asian stocks fall amid tech decline
Asian stock markets declined sharply amid a tech sell-off, with South Korea's Kospi experiencing multiple circuit breakers due to an 8% intraday drop. Shares in major tech firms, including Apple and SoftBank, fell due to rising costs and concerns over high investments in artificial intelligence infrastructure, raising questions about the sustainability of current valuations. The decline reflects investor caution amid rising component prices and slowing demand for consumer electronics.
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