Tech shock hits Asia stocks; Nikkei and KOSPI slide on chip losses
TL;DR
Asian stocks retreated as investors locked in tech profits and chipmakers led losses in Japan and South Korea, with the Nikkei 225 and KOSPI dropping on chip-related concerns while markets weighed BOJ rate-hike expectations and awaited U.S. payroll data.
- Asia stocks pressured by tech losses; Nikkei, KOSPI slide on chip losses Investing.com
- South Korea stocks fall 5% as tech heavyweights follow plunge in Wall Street's AI-linked names CNBC
- Korean Stocks Slide as Cracks Emerge in World-Beating Rally Bloomberg.com
- The hottest stock market in the world has doubled this year. And Goldman Sachs sees another 40% gain from here. MarketWatch
- Asian shares drop, with South Korea's Kospi down more than 5% Click2Houston
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