🚨 Asia catches the AI contagion — Nikkei just entered a bear market.
Japan's Nikkei 225 closed down 6.0% at 57,411, more than 20% below its June peak. Korea's KOSPI fell 6.0% after an earlier plunge exceeding 8% triggered a circuit breaker. SoftBank slid about 11.6%.
The selling follows Thursday's US chip rout: Nasdaq -5.5%, SOXX -12.25%.
🟢 Bull case: A sharp selloff and an early Nasdaq futures bounce could signal selling exhaustion—but today's US jobs report is still ahead.
🔴 Bear case: Data-center regulation fears and questions about AI investment returns could keep hardware and semiconductor stocks under pressure.
Buy the Asia/AI dip, or wait for payrolls and more clarity?
$NKY $KOSPI $9984.T $TSM $SPX500 $NSDQ100 $NVDA $TSLA $AAPL $MSFT $AMZN $META $GOOG $BTC
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