Tech Selloff Spreads to Asia as Risk Sentiment Weakens – DB

Deutsche Bank strategists report that the technology selloff has broadened, moving from the Magnific 7 and Apple into Asian equity markets. The downdraft is weighing on overall risk sentiment and pressuring US stocks, even as semiconductor names show relative strength.

The observation highlights a divergence within tech, where chipmakers have held up better than other major tech names. The widening weakness suggests a cautious tone among investors in the near term.