Asian shares sink, with Tokyo down more than 5% as slumping AI stocks drag world markets lower - Newsday
β’ Asian stock markets plummeted on Friday, led by Tokyo's Nikkei 225, which dropped more than 5% due to heavy selling of AI-related shares and computer chipmakers. β’ Taiwan's markets saw a significant decline of 5.9%, following news that TSMC, the world's largest contract chip manufacturer, intends to invest an additional $100 billion in U.S. fabrication plants. β’ This downturn reflects a broader global trend where slumping AI stocks are dragging world markets lower, signaling a shift in investor sentiment toward the tech sector.
newsday.com

