India, July 7 -- Asian stocks declined on Tuesday as investors rotated out of AI chip stocks on doubts over the sustainability of the AI boom.
As rising capital expenditures and competition become synonymous with rising semiconductor demand, investors are questioning the sustainability of record earnings.
Investors also awaited the U.S. Federal Reserve's meeting minutes and the start of the second-quarter U.S. earning season this week to gauge the outlook for consumer demand.
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