Asian Stocks Fall as Oil Spikes and AI Jitters Hit Sentiment

On the 23rd Taipei time, Asian financial markets were hit by severe volatility spilling over from Wall Street. Heightened investor skepticism regarding the long-term sustainability of massive capital expenditures on artificial intelligence infrastructure and technology directly triggered heavy selling pressure and a sharp plunge in U.S. technology stocks. This pessimistic sentiment quickly spread across the Pacific to major Asian capital markets. Compounded by a recent