Asian tech stocks
Coverage of Asian tech stocks in the Nexus archive.
- Asian tech stocks drop with SK Hynix plunging 10% after Wall Street AI names fall
Asian tech stocks dropped, with SK Hynix plunging 10% after declines in Wall Street AI names. Despite this volatility, analysts remain optimistic regarding the overall outlook of the tech sector. J.P. Morgan stated that the recent tech sell-off has not derailed the ongoing AI investment cycle.
- Chips Drag Emerging Stocks to April Low, Oil Shields Currencies
The decline in Asian tech stocks pushed the emerging markets benchmark to a three-month low. Oil price declines helped protect European stock markets and currencies from the selloff.
- Nvidia AI Server Delay Report Sends Asian Tech Stocks Sliding
A report about a delay in Nvidia's AI server caused Asian tech stocks to decline. The article mentions Nvidia CEO Jensen Huang.
- Asia tech stocks extend sell-off with SoftBank down over 7% as investors sour on AI-linked names
Asian tech stocks experienced a sell-off, with SoftBank declining over 7%. The decline followed overnight losses in U.S. tech stocks, particularly Broadcom.
- AI plays in emerging markets offer more upside than in the U.S. at present, says JPMorgan
JPMorgan states that AI plays in emerging markets offer more upside than in the U.S., with Asian tech stocks providing superior exposure to the U.S. AI boom at better valuations. Renewed dollar weakness could boost returns further, making these investments more attractive.