Taiwan and South Korea surged past India on AI hopes. Now they're giving back gains

Asian markets sank as investors dumped AI-linked chip stocks in Taiwan, South Korea and Japan. The sell-off has raised fresh questions over whether AI rally expectations had run ahead of earnings reality.

Jun 8, 2026 - 15:00
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Taiwan and South Korea surged past India on AI hopes. Now they're giving back gains
Asian markets sank as investors dumped AI-linked chip stocks in Taiwan, South Korea and Japan. The sell-off has raised fresh questions over whether AI rally expectations had run ahead of earnings reality.

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