AI-related selloffs in Japan and South Korea highlight how market valuation corrections in AI hardware names can ripple through vendor stability and procurement timing for AI teams. According to the Associated Press (Chan Ho-Him), Asian markets were mixed on Monday as selling of artificial intelligence-related shares pulled Japan and South Korea lower. AP reports Tokyo's Nikkei 225 shed 1% to 68,704.70 after a 4.2% drop Friday, with SoftBank Group sinking 5.9%. AP reports South Korea's Kospi lost 2% to 8,246.50, with Samsung Electronics down 6% and SK Hynix down 4.5%. Gains in Hong Kong (Hang Seng +2.1%) and Australia (ASX 200 +0.4%) offset regional losses. AP also reports Iran launched fresh drone and missile attacks on Bahrain and Kuwait over the weekend, adding geopolitical pressure on oil markets, with Brent crude up 0.7% to $73.27 a barrel.
Asian shares are mixed as tech stocks fall in Japan and South Korea