In Japan, the Nikkei 225 index plummeted 1,915.97 points, or 2.8%, to 66.835.54.
In Hong Kong, the Hang Seng index gained 327.50 points, or 1.3%, to 25,008.60.
The gains in Hang Seng were led by real estate and consumer cyclicals sectors, up 2.17% and 2.07%, respectively. Shares of Alibaba and Baidu rose 3.26% and 2.51% in Hong Kong, respectively, on the back of their partnership with Apple for deploying AI tools.
Shares of SK Hynix tumbled over 11% in Seoul, reversing the previous session’s 8% rally. The stock had logged its steepest one-day decline on Monday, as investors locked in profits amid growing worries over AI spending.
Domestic rival Samsung Electronics dropped more than 7%. Seoul Semiconductor fell more than 5%, LG Innotek lost about 1%, and Samsung
SDI was down over 2%.
The weakness spread across the region. In Japan, AI-linked equipment makers Advantest fell more than 6%, SoftBank Group slid nearly 7%, Tokyo Electron lost over 5%, while Renesas Electronics declined 4%.
In other markets;
In Shanghai, the CSI index slumped 88.35 points, or 1.8%, to 4,698.44.
In Korea, the Kospi index tumbled 463.81 points, or 6.4%, to 6,820.66
In Singapore, the Straits Times 50 index lost 20.34 points, or 0.4%, to 5,539.38
In Taiwan, the Taiex index dropped 463.81 points, or 6.4%, to 45,624.98.
In New Zealand, the NZX 50 docked 20.29 points, or 0.2%, to 13,614.78.
In Australia, the ASX settled 0.4 points to 8,840.67.