Summary: Asian tech stocks plummeted on Friday, with SoftBank plunging over 10%, following a region-wide rally fueled by Nvidia’s strong earnings report. The downturn was attributed to fears of an AI bubble, exacerbated by a downbeat session on Wall Street and concerns about the sustainability of high valuations for AI shares. Despite Nvidia’s strong forecast, heightened short-term volatility and geopolitical tensions are contributing to market uncertainty.

Link: https://www.channelnewsasia.com/asia/asia-tech-stocks-tumble-ai-bubble-fears-5481656