Investors run for the hills as Nvidia crash triggers tech sell-off across Asia 

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HONG KONG, Sept 4 — Tech firms led a plunge across Asian markets Wednesday after a rout on Wall Street fuelled by a coll...

That came amid a warning that spending on all things AI by companies in recent years would need to be justified unless demand outside of the tech realm picked up and that it could take some time to begin paying off.

TSMC shed more than four per cent in Taipei, with SK hynix dumped 6.5 per cent in Seoul and Samsung more than two per cent off.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaHong KongJapanSingapore

Topics: Stocks Asian markets Tech firms Nvidia crash Wall street

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-04 @ 12:04:48 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 593 words

Reading Time: 4 minutes read

Sentences: 20 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Malay Mail

News ID: 22362901

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About Malay Mail

Main Topics: EconomyBusiness

Official Website: malaymail.com

Update Frequency: 9 posts per day

Year Established: 1896

Headquarters: Malaysia

News Last Updated: 3 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

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Publisher ID: #106

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