Asian tech stocks slide on AI spending concerns

South Korea's market sold off sharply, leading a decline in Asian tech shares as investors worry about AI overspending. The drop heavily impacted chip giants Samsung and SK Hynix.

Read the full story at Semafor Technology ↗

Timeline · 1 report

2026-10-13 11:38 · Semafor Technology
Tech stocks slide as investors fret AI overspending

More stories

Chip stocks slide after Broadcom CEO likens AI investing to 'casino' — The Guardian AI
Asian memory chip stocks fall despite strong AI demand — South China Morning Post Tech
Meta launches Muse Wonder AI models to compete with frontier rivals — Meta Newsroom
Apple Launches HomeView Smart Display With Siri and Facial Recognition — TechCrunch AI
Apple launches Siri AI-powered HomePod mini 2, Apple TV 4K, and HomeView — Engadget
Anthropic warns small AI models may soon self-replicate on IoT devices — CNBC Technology
Character.AI files for bankruptcy, Disney bids $20M for assets — Business Insider AI
IBM Spyre Accelerator Moves PyTorch Backend to Inductor — PyTorch Blog

Get the daily brief of stories like this at 6:30 every morning →