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The Times of India·Business

AI fears send Kospi down 7%, Nikkei loses 3,000

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AI fears send Kospi down 7%, Nikkei loses 3,000

Asian markets plunged as investors questioned whether heavy artificial intelligence spending, especially on chips and data centres, can pay off. South Korea’s Kospi fell more than 7%, Japan’s Nikkei lost 3,000 points, and technology stocks sank worldwide.

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