Asian stocks fell 0.9% on renewed AI-valuation and borrowing-cost concerns, with South Korea's KOSPI dropping as much as 4.8%, SK Hynix and Samsung falling over 5%, Japan's Nikkei sliding 2%, and Nasdaq 100 futures down 0.5%.
Concerns about stretched AI-related valuations and higher borrowing costs are triggering a broad risk-off move across Asian equities, hitting chipmakers hardest. This can weigh on global growth and tech-linked stocks including Nasdaq futures, while supporting safe-haven demand such as Gold.