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Bloomberg23:22 ET

Asian tech stocks followed the decline in U.S. semiconductor shares! SoftBank fell over 9%, and Kioxia plunged more than 15%.

Asian technology stocks plunged sharply on Friday, as a fresh round of steep declines in U.S. chip stocks intensified market concerns over artificial intelligence (AI) spending.

Zhitong Finance22:30 ET

Wall Street remains firmly bullish on Taiwan Semiconductor's aggressive investments: AI demand visibility extends to 2030, offering a tailwind for semiconductor equipment stocks

Analysts said Taiwan Semiconductor's increased capital expenditure plan is favorable for chip equipment manufacturers.

Zhitong Finance21:50 ET