The Tokyo Electron Ltd. (TEL) booth at the Semicon Japan exhibition in Tokyo, Japan, on Wednesday, Dec. 13, 2023. The exhibition will run through Dec. 15. Photographer: Kiyoshi Ota/Bloomberg
The Tokyo Electron Ltd. (TEL) booth at the Semicon Japan exhibition in Tokyo, Japan, on Wednesday, Dec. 13, 2023. The exhibition will run through Dec. 15. Photographer: Kiyoshi Ota/Bloomberg

Tech stocks slide in Asia amid US semiconductor sales concerns

Asian tech stocks dipped due to fears of stricter US limits on semiconductor sales to China.
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Asian tech stocks, including Tokyo Electron and Samsung, dipped due to fears of stricter US limits on semiconductor sales to China. Market sentiment, rather than fundamental issues, drove the declines, despite a year of strong sector performance. Geopolitical tensions and potential trade restrictions added to investor concerns, impacting global tech stocks broadly.

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By Kurt Schussler and Winnie Hsu

Asian technology stocks fell for a second day on concerns over risks of tighter US curbs on semiconductor sales to China.

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