STOCKS | Asia Stocks Slide on Chip Selloff; Nasdaq 100 Futures Drop 1.1%

Asian equities fell as renewed selling in technology stocks, including Samsung Electronics Co. and SK Hynix Inc., fueled concerns the AI-driven rally may have run ahead of itself, according to Bloomberg. Futures for the tech-heavy Nasdaq 100 Index retreated 1.1%, signaling Monday’s rebound on Wall Street was losing momentum. European shares were also set for losses.