(Bloomberg) -- Asian stocks dropped as investors rotated out of chip shares amid growing skepticism over returns on massive artificial intelligence spending. Oil climbed and Treasuries fell after fighting erupted in the Middle East.

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

(Bloomberg) -- Asian equities declined as renewed concerns over artificial-intelligence spending fueled another selloff in chipmakers.