Foreign investors continued to pull money out of Asian equities in July, marking the ninth consecutive month of net selling across seven major Asian markets. Investors sold a net $25.5 billion worth of stocks, with the sell-off concentrated in technology-heavy markets such as Taiwan and South Korea.

Taiwan accounted for nearly $23 billion of the July outflows, while South Korea saw another $6.3 billion leave its equity market. Concerns over AI-related spending, cash burn, semiconductor demand and the sustainability of corporate growth have weighed on investor sentiment.

Amid the broader regional sell-off, India stood out by attracting $2.1 billion in foreign inflows in July. Thailand also recorded strong inflows, while Indonesia and the Philippines saw smaller gains.

Asian Markets Face $25.5 Billion Foreign Outflow as Taiwan, South Korea Lead Tech Sell-Off

IBM shares plunged 25% in their steepest single-day decline since 1968 after the company issued a preliminary earnings warning that fell short of Wall Street expectations. The sharp selloff wiped out more than $100 billion in market value and erased much of the company's AI-driven gains from earlier this year.

IBM blamed weaker-than-expected results on a global memory chip shortage, saying customers redirected spending toward AI servers, storage, and memory hardware instead of software and mainframes. The warning also weighed on the broader technology sector, with software stocks declining while chipmakers and storage companies gained as investors shifted toward AI infrastructure.

IBM shares plunge 25% after shock earnings warning, ai chip shortage hits software demand

Global markets were rocked after a massive $1 trillion selloff in technology stocks reignited debate over whether the AI boom has become overheated. The sharp decline in chipmakers triggered volatility across Asian markets, though some indices, including South Korea's, staged a strong rebound. Investors are now weighing whether the correction is a temporary setback or a warning sign for AI-driven valuations.


$1 Trillion Chip Crash Shakes Markets, AI Bubble Fears Return To Wall Street

Artificial intelligence is fueling one of the biggest investment waves in modern history, with AI-focused companies attracting staggering valuations and reshaping global markets.

But as billions pour into the sector and investors chase the next AI giant, questions are growing over whether the industry is witnessing a genuine technological revolution—or the formation of a massive financial bubble. Is the AI boom sustainable, or are markets getting ahead of reality?

Trillion-dollar AI Boom: Bubble or Breakthrough?

Asian shares edged higher on Friday after US&nbspequities were buoyed by solid quarterly earnings and a rebound in technology stocks, while all eyes in the region are on a historic summit between the two Koreas.

Japan's benchmark Nikkei stock average gained 0.4 percent, up 147.05 yen from the previous day at the opening of Tokyo stock market, news agency Reuters reported.

Hong Kong's stock market opened with the benchmark Hang Seng Index also rising one percent to 30,300.83.

Australian shares followed Wall Street's strong earnings, with the S&P/ASX 200 index rising 0.3 percent or 18.2 points to 5,929 by 0248 GMT. The benchmark is on track to gain about one percent for the week.

Japan's benchmark Nikkei stock average gained 0.4 percent, up 147.05 yen from the previous day at the opening of Tokyo stock market.

Asian shares edged higher on Friday after US&nbspequities were buoyed by solid quarterly earnings and a rebound in technology stocks, while all eyes in the region are on a historic summit between the two Koreas. Japan's benchmark Nikkei stock average gained 0.4 percent, up 147.05 yen from the previous day at the opening of Tokyo stock market, news agency Reuters reported. Hong Kong's stock market opened with the benchmark Hang Seng Index also rising one percent to 30,300.83. Australian shares followed Wall Street's strong earnings, with the S&P/ASX 200 index rising 0.3 percent or 18.2 points to 5,929 by 0248 GMT. The benchmark is on track to gain about one percent for the week.

Asia shares rise as Koreas hold historic summit

technology-stocks

Technology Stocks, News on Technology Stocks, stories on Technology Stocks, articles on Technology Stocks, Technology Stocks stories at Wion, Technology Stocks news, Technology Stocks latest news