Asia tech stocks tumble as AI trade doubts deepen before Fed, BOJ decisions By Investing.com
• Asian technology stocks fell recently as investors questioned the sustainability of the artificial intelligence trade ahead of policy decisions from the U.S. Federal Reserve and the Bank of Japan. • Anthropic CEO Dario Amodei contributed to the decline by calling for a slowdown in the development of powerful AI models to prioritize safety. • South Korean memory-chip leaders Samsung Electronics and SK Hynix face higher risks because they supply the high-bandwidth memory essential for AI processors.
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