WS #12880
Asian semiconductor stocks plunge 9-10% on deepening AI fatigue and Nvidia financing worries, with South Korea's KOSPI down 9% and Japan's Nikkei down 4% at open, signaling further downside for US chip stocks. Nvidia's $750B+ AI infrastructure deals with SK Hynix and OpenAI revive fears of circular financing, where Nvidia finances customers that buy its chips, potentially inflating demand.
AI Capex Selloff Escalates
Asian semiconductor stocks plunge 9-10% on deepening AI fatigue and Nvidia financing worries, with South Korea's KOSPI down 9% and Japan's Nikkei down 4% at open, signaling further downside for US chip stocks.
Nvidia's $750B+ AI infrastructure deals with SK Hynix and OpenAI revive fears of circular financing, where Nvidia finances customers that buy its chips, potentially inflating demand.