ðŸ‡ðŸ‡° English, 20 October 2026, AI investment
Asian Stocks Retreat as Geopolitical Risks Rattle Sentiment Ahead of AI Earnings
Asian stocks fell on Tuesday as investors weighed geopolitical risks and awaited key results from AI bellwether companies.
Meta is one of five AI hyperscalers expected to increase combined capital expenditure to about US$1.2 trillion next year, according to Goldman Sachs.
Chipmakers dropped on concerns over AI investment, before slipping down further in Seoul.
The dominance of technology hardware in driving earnings growth and equity price appreciation means expectations are high, with the sector globally forecast to see a doubling of earnings compared to the same quarter a year ago.