(Bloomberg) -- Asian stocks retreated again as investors rotated out of chip shares amid growing skepticism over whether massive AI spending will deliver sufficient returns. Oil climbed after fighting erupted in the Middle East.

(Bloomberg) -- Asian equities are set for a mostly weaker open after a selloff in chipmakers dragged US stocks lower, even as oil extended losses.

(Bloomberg) -- Asian equities dropped as renewed concerns over artificial-intelligence spending fueled another selloff in chipmakers. Crude oil extended its decline.