Violent clashes in Italy and Rome have weighed on the euro and sent stock markets in both countries lower (Piero CRUCIATTI) Tech firms led heavy losses across Asian markets Tuesday as investors brushed off a rebound on Wall Street amid growing fears about the AI investment boom ahead of crunch earnings releases. Seoul and Tokyo again bore the brunt of the selling as chip giants SK hynix, Samsung and Kioxia took another beating owing to a sharp exit from a sector that saw blistering gains in the first half of the year. Since June's record highs, traders have been questioning elevated valuations and when companies would see returns -- if any -- on the colossal sums they have spent to get ahead in the artificial intelligence race.
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