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Asian tech stocks slide as AI rally loses momentum amid valuation worries
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Asian tech stocks slide as AI rally loses momentum amid valuation worries
Asian semiconductor and technology stocks resumed their decline on Wednesday, tracking overnight weakness on Wall Street as concerns over artificial intelligence-related valuations continued to weigh on investor sentiment.The losses came after a brief rebound in chipmakers lost momentum, with investors increasingly questioning whether the sector's rapid gains have outpaced underlying fundamentals.Chip stocks lead regional declinesJapanese techno…
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