Global Tech Rout: Asian Equities Plunge Up to 7.4% After Wall Street Selloff

Asian stocks fell sharply, with declines up to 7.4%, following Wall Street's worst day since April 2025, driven by a plunge in AI-related tech stocks. The selloff signals a potential correction in AI valuations, with uncertainty over whether this is a temporary pullback or a broader market shift. The development matters as it could trigger risk-off sentiment globally, impacting capital flows and tech sector outlook.

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