AI trade reversal pierces Asia’s star picks-and-shovels stocks

An eight-session rout in US semiconductor shares — the longest since 2008 — wiped roughly 16% off the sector’s benchmark, while the Nasdaq 100 suffered its worst week since April 2025.

Oct 18, 2026 - 06:00
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AI trade reversal pierces Asia’s star picks-and-shovels stocks
An eight-session rout in US semiconductor shares — the longest since 2008 — wiped roughly 16% off the sector’s benchmark, while the Nasdaq 100 suffered its worst week since April 2025.

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