Asian tech stocks drop with SK Hynix plunging 10% after Wall Street AI names fall

Despite heightened volatility analysts remain optimistic over the outlook of the tech sector, with J.P. Morgan saying the tech sell-off had not derailed the AI investment cycle.

Asian shares are mostly lower as Kospi falls 4% and tech giants decline on Wall Street  Toronto Star

Asian shares are mostly lower and South Korea's Kospi dropped more than 4% following declines for some Big Tech giants on Wall Street

Asian shares are mostly lower and South Korea's Kospi dropped more than 4% following declines for some Big Tech giants on Wall Street

HONG KONG: Most Asian markets sank on Thursday (Aug 6) with tech firms back under pressure after a four-day rebound amid lingering AI worries, while oil rose even as Iran said it was finalising a deal with Oman over the Strait of Hormuz.Investors have enjoyed a much-needed rally since Friday, following a month-long tec