Asia tech stocks mixed
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Share prices in big AI players such as Nvidia and Micron Technology dropped on Tuesday as investors grow wary about whether massive AI spending will pay off.
Indian stock market indices Sensex and Nifty 50 are expected to open subdued due to mixed global signals and recent technology stock sell-offs. Investor sentiment remains cautious ahead of US-Iran negotiations,
A sudden wave of selling in major tech shares triggers doubt over the sustainability of the AI boom.
It's not time to leave the AI party yet, one chief investment strategist says, but while fundamentals are strong, he flags one sell signal to watch for.
By Gregor Stuart Hunter SINGAPORE, June 23 (Reuters) - Asian stocks and oil prices fell on Tuesday after the U.S. waived sanctions on Iran, while traders grappled with rising expectations the Federal Reserve may take more aggressive action to tackle inflation later this year.
The major stock indexes fell on Tuesday as yesterday's tech sell-off deepened and spilled over into memory and chip stocks.
Tuesday’s 13% slides from Sandisk and Micron trimmed their 2026 gains to 727% and 269%, respectively.
After weeks of large-scale alarms that turned out to be false starts, equities finally found a real problem — the one they spent two years celebrating.
