Selling pressure on artificial intelligence and semiconductor equities intensified on Tuesday, driven by investor disappointment with SK Hynix's latest financial results.
Despite the memory chipmaker reporting record profits, the figures failed to meet market expectations, triggering a broader sell-off across the sector.
The reaction underscores growing scrutiny of AI-related valuations as investors weigh strong headline earnings against increasingly high benchmarks.
The negative sentiment in tech stocks coincides with heightened anticipation for the Federal Reserve's interest rate decision later today.
Markets are closely watching for signals on the central bank's policy path, with the outcome likely to influence risk appetite across global equities and fixed income.
The combination of corporate earnings volatility and monetary policy uncertainty has kept investors cautious, limiting upside potential for growth-oriented assets.