Asian shares are mixed after US stocks fall back while oil rebounds

Stocks mixed with tech firms back under pressure

Seoul Kospi collapsed 4.6% and SK hynix fell 10% as SanDisk and Western Digital's disappointing earnings revived doubts over AI spending profitability. For IT decision-makers, the signal is clear: massive AI capex isn't generating near-term margins—expect pressure on infrastructure budgets and hardware ROI expectations.