Asian markets fell Tuesday led by chipmakers on unease about AI funding demands, while oil slid on US-Iran talks. The Wall Street Journal reported OpenAI seeks $250B in financing, and China's CXMT surged 466% on debut. Brent crude fell to $87.55, and US Treasury yields dipped. Traders see a 38% chance of Fed rate hike this week. The yen hovered near four-decade lows amid intervention risks.
AI anxiety triggers tech rout, Asian markets slide
Source: Reuters
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