FX.co ★ Asian Stocks Fall as Chipmakers Slide

Asian equity markets were mostly lower on Monday as semiconductor stocks came under renewed pressure, reflecting persistent doubts about the durability of the artificial intelligence rally. Technology-heavy benchmark indices in South Korea and Japan led regional declines, with Australian and Chinese shares also slipping. Among individual names, South Korean chipmakers SK Hynix and Samsung Electronics each tumbled more than 7%. At the same time, oil prices fell after President Donald Trump said peace talks with Iran would resume today, following his decision to call off a planned strike on the Islamic Republic. The easing in geopolitical tensions helped provide some support to broader global equity markets.