Artificial intelligence (AI)-linked firms were hit by another wave of selling as Wall Street giants including Amazon, Alphabet and Microsoft signalled they would keep pouring money into data centres and chips even as investors grow impatient for returns.
Asian stocks mixed as tech sector struggles to rebound from selloff
EXECUTIVE SUMMARY
Artificial intelligence (AI)-linked firms were hit by another wave of selling as Wall Street giants including Amazon, Alphabet and Microsoft signalled they would keep pouring money into data centres and chips even as investors grow impatient for returns.
Key Takeaways
- Asian stocks mixed as tech sector struggles to rebound from selloff.
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Published originally on Channel NewsAsia (CNA)
