Iran says Hormuz offer stands as another tanker burnsHouthi attacks on Saudi Arabia intensify as Egypt prepares to back RiyadhFrance counts cost of riots as Macron promises accountability and talksFour confirmed dead, 39 hospitalised after fire at Canadian base WainwrightRift between Trump and Zelensky widens after US waives Russia sanctionsUkraine fires over 1,000 drones at Russia, setting St Petersburg oil terminal ablazeAsian chip stocks fall as AI debt worries spreadEbola reaches eighth Congo province as Kenya's case count rises to eightOil holds near $110 as Russian diesel deal reshapes fuel flowsStampede at Kolkata festival kills at least 19EU and US condemn settler attacks on diplomats and photographer in West BankSuspected drone explodes over Lithuania amid drone and sabotage incidents on NATO's eastern flankRama rejects resignation as Albanian protests continueGaza buries 75 recovered from rubble as families fear shortages after Israel halts shipmentsTrump endorses Netanyahu days before Israeli electionSudan's army and RSF give conflicting accounts of drone strike in South DarfurAnthropic earmarks 5% of its shares for new public benefit fundChina's growth picks up to 4.5% in third quarter on exportsAround 160 arrests in Milan as youth protests spread to LisbonLula and Flávio Bolsonaro meet in first debate before Brazil run-offChina proposes export controls on solar-manufacturing technologiesEuro weakens as French protests turn violent and Russia risk weighsFresh Pakistan-Afghanistan fighting as Khyber Pakhtunkhwa government is dismissedChina unveils 100,000-card AI supercluster as DeepSeek releases cheaper modelPope Leo resumes public appearances after lung surgeryUS threatens Europe over Starlink restrictionsDriver released after truck kills two at Kansas youth soccer gameCourt acquits Indian youth protest leader as Cockroach protests persistHurricane Trudy lashes Mexico's Pacific coastVenezuelan opposition recognises Machado as leaderTaiwan says it drove away 16 Chinese shipsThousands march in Tunis against Saied despite repressionChina condemns Takaichi's Yasukuni offering as her support falls below 50%Meta says Claude AI tool triggered No Kings Instagram suspensionIstanbul flood toll rises to five after body found in Golden HornIran says Hormuz offer stands as another tanker burnsHouthi attacks on Saudi Arabia intensify as Egypt prepares to back RiyadhFrance counts cost of riots as Macron promises accountability and talksFour confirmed dead, 39 hospitalised after fire at Canadian base WainwrightRift between Trump and Zelensky widens after US waives Russia sanctionsUkraine fires over 1,000 drones at Russia, setting St Petersburg oil terminal ablazeAsian chip stocks fall as AI debt worries spreadEbola reaches eighth Congo province as Kenya's case count rises to eightOil holds near $110 as Russian diesel deal reshapes fuel flowsStampede at Kolkata festival kills at least 19EU and US condemn settler attacks on diplomats and photographer in West BankSuspected drone explodes over Lithuania amid drone and sabotage incidents on NATO's eastern flankRama rejects resignation as Albanian protests continueGaza buries 75 recovered from rubble as families fear shortages after Israel halts shipmentsTrump endorses Netanyahu days before Israeli electionSudan's army and RSF give conflicting accounts of drone strike in South DarfurAnthropic earmarks 5% of its shares for new public benefit fundChina's growth picks up to 4.5% in third quarter on exportsAround 160 arrests in Milan as youth protests spread to LisbonLula and Flávio Bolsonaro meet in first debate before Brazil run-offChina proposes export controls on solar-manufacturing technologiesEuro weakens as French protests turn violent and Russia risk weighsFresh Pakistan-Afghanistan fighting as Khyber Pakhtunkhwa government is dismissedChina unveils 100,000-card AI supercluster as DeepSeek releases cheaper modelPope Leo resumes public appearances after lung surgeryUS threatens Europe over Starlink restrictionsDriver released after truck kills two at Kansas youth soccer gameCourt acquits Indian youth protest leader as Cockroach protests persistHurricane Trudy lashes Mexico's Pacific coastVenezuelan opposition recognises Machado as leaderTaiwan says it drove away 16 Chinese shipsThousands march in Tunis against Saied despite repressionChina condemns Takaichi's Yasukuni offering as her support falls below 50%Meta says Claude AI tool triggered No Kings Instagram suspensionIstanbul flood toll rises to five after body found in Golden Horn
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Symbolic image: Asian chip stocks fall as AI debt worries spreadSymbolic image

Asian chip stocks fall as AI debt worries spread

9 sources

Japan's Nikkei fell 1.8% on Monday as funding concerns over AI data-centre builders hit chip stocks. Microsoft's exit from a UK deal with Nscale and a new DeepSeek model added to the pressure.

The Wall Street Journal reports that the Nikkei tracked losses on Wall Street, while Bloomberg says Korean stocks fell as a DeepSeek model and funding worries rattled chipmakers. The Financial Times reported on Sunday, 18 October, that Microsoft abandoned an agreement to lease capacity at a UK site of the AI cloud provider Nscale. Bloomberg separately reported that Nscale faces investor pushback over its IPO valuation. The Wall Street Journal also notes that Japanese government bonds rose amid AI-related credit concerns.

Neoclouds under scrutiny

FAZ reports that shares in CoreWeave, which rents out Nvidia chips, fell by more than 15% at times on Wednesday, 14 October, as doubts grew in the bond market. In the second quarter CoreWeave's revenue rose 112% to $2.58 billion, but its loss widened from $290 million to $626 million, with interest costs of $640 million.

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