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South Korean shares slid over 4% Wednesday as geopolitical tensions and cooling interest in AI tech valuations weighed heavily on local markets.

Broadcom shares plunged 12% after software sales missed targets and leadership signaled no increase to AI chip forecasts, heightening concerns about the sustainability of current semiconductor growth.

HPE stock jumped 30% after the firm posted its strongest earnings beat in six years, sparking a broader debate about the sustainability of enterprise AI infrastructure spending.

Indian IT stocks face a sharp downturn as market sentiment sours over fears that AI automation could displace the country's dominant software outsourcing industry.

Following its IPO last Friday, SpaceX has overtaken Amazon in total market cap after a 3% share price increase, though analysts warn that trading remains volatile.

SoftBank shares dropped 10% following a broad tech market sell-off, raising questions about the stability of major tech conglomerates and their ongoing influence on venture capital sentiment.