The pressure spread across tech mega-caps, with Microsoft and Tesla down 3.4% and 3.7%.

A slump in technology stocks snowballed into Asia as mounting anxiety over frothy valuations and massive AI spending drove investors to trim exposure.

The pressure spread across tech mega-caps, with Microsoft and Tesla down 3.4% and 3.7%.

Australia has already opened weaker, while Japan could go either way based off futures data.