Taiwan -8%, KOSPI -7%, Nikkei -3,000 points: the AI trade is getting marked to market across Asia after Wall Street's worst session in 18 months wiped $2.5T. SK Hynix fell more than 8% as chip stocks

What happened: Asian equity markets fell sharply, with Taiwan and South Korea hit hardest, as concerns about AI investments in semiconductors drove a sell-off. Kospi tumbled over 7% and Nikkei shed 3,000 points. Key numbers: Kospi fell over 7%. Nikkei lost 3,000 points. Wall Street wiped out $2.5 trillion in a single day. Why it matters: Major tech companies saw sharp declines across regions as concerns over data centre expansion dampened global investor enthusiasm for technology equities. Coverage: 5 outlets in 24h

Asian equity markets fell sharply, with Taiwan and South Korea hit hardest, as concerns about AI investments in semiconductors drove a sell-off. Kospi tumbled over 7% and Nikkei shed 3,000 points.

Major tech companies saw sharp declines across regions as concerns over data centre expansion dampened global investor enthusiasm for technology equities.