Asia tech blows its own AI bubble

Source: Reuters (via feed)

Asian share markets rose on Monday, buoyed by a rebound in U.S. stocks. Investors appeared to accept volatility in Wall Street’s response to AI developments. The mood swings reflected uncertainty over the technology’s impact. Meanwhile, the dollar slipped modestly against major currencies.

Markets in Asia are navigating cautious optimism despite concerns about an AI-driven bubble. Tech shares recovered after a brief downturn linked to doubts about high valuations and rapid gains. Investors balanced enthusiasm for AI’s potential with wariness of inflated stock prices.

The broad market rise followed positive cues from Europe and the United States. However, analysts noted tech sector fluctuations remain pronounced. In addition, the market’s focus was also on upcoming economic data and corporate earnings reports.

Demand for AI-related assets is still strong, but volatility suggests investors are differentiating between hype and fundamentals. As a result, market participants are monitoring earnings closely to assess how companies leverage AI technology.

BizTrendWire Insight:

Asian markets’ response to AI-related stocks reflects ongoing volatility in tech valuations and investor caution amid rapid technological advancement.


Read full story on Reuters

More From Author

Bill Gates ‘took responsibility for his actions’ over Epstein links, foundation says

Aston Martin cuts 20% of staff amid US tariffs, weak China demand

Leave a Reply

Your email address will not be published. Required fields are marked *