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Asian stocks hit two-month low as AI semiconductor sell-off spreads

Reuters ·

TSM Taiwan Semiconductor Manufacturing ADR
$444.35 -1.98%
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  1. 1Asian stocks fell to their lowest level in more than two months on Tuesday.
  2. 2The KOSPI saw a decline of more than 6%.
  3. 3Investors question how long current exceptional profits and margins can be sustained amid intensifying competition.

So what's the key point?

Asian stock markets have dropped to their lowest levels in two months. With the KOSPI falling by more than 6 percent, there are doubts about whether the profits from AI semiconductors will continue.

Source Reuters · View original ↗

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