Asia-Pacific markets fell on Friday as investors assessed a rotation out of chip stocks on Wall Street that lifted the Dow Jones Industrial Average to a record close.

Asia-Pacific markets fell on Friday as investors assessed a rotation out of chip stocks on Wall Street that lifted the Dow Jones Industrial Average to a record close.

The sell-off was biggest in South Korea, where the Kospi index sank as much as 7 per cent. Read more at straitstimes.com. Read more at straitstimes.com.

Shares have fallen in Asia, with South Korea's benchmark dropping more than 5%, after sharp declines for some big artificial intelligence-related stocks in the U.S. U.S. futures…