The Asian selloff followed a broad decline in U.S. semiconductor stocks, where the Philadelphia Semiconductor Index dropped more than 4%. Investors questioned lofty AI-related valuations, even after strong quarterly earnings from Taiwan Semiconductor Manufact…
Jul 17, 2026, 01:12:35 PM IST The Asian selloff followed a broad decline in U.S. semiconductor stocks, where the Philadelphia Semiconductor Index dropped more than 4%. Investors questioned lofty AI-…