News•Nov 21, 2025
Asian Tech Stocks Tumble as Strong Nvidia Results Fail to Ease AI Bubble Jitters
Asian technology stocks slumped sharply on Friday as fears of an AI bubble resurfaced despite Nvidia's blockbuster earnings. Samsung Electronics fell 5.8%, SK Hynix 8.8%, and TSMC 4.8%, pulling broader Asian markets down more than 2‑3%. The sell‑off was amplified by weaker U.S. jobs data that reinforced expectations the Federal Reserve will keep rates high, while Bitcoin slipped below $86,000. Japan’s new $135 billion stimulus package added fiscal‑debt worries, further souring sentiment.