# AI Trade Reversal Pierces Asia’s Star Picks-and-Shovels Stocks

> Rising AI financing costs threaten Asian tech stocks as US tech selloff deepens.
- Title: AI Trade Reversal Pierces Asia’s Star Picks-and-Shovels Stocks
- Summary: Rising AI financing costs threaten Asian tech stocks as US tech selloff deepens. Mounting financing costs risk choking AI infrastructure spending in Asia…
- Keywords: financing costs, us tech selloff, asiapac, semiconductor stocks, tsmc, samsung, sk hynix, ai infrastructure, ai spending, money, business, Trade
- Source: mint — https://livemint.com/market/ai-trade-reversal-pierces-asia-s-star-picks-and-shovels-stocks-11792380443975.html
- Published: 2026-10-19T03:27:23+00:00
- Read time: 1 min
- Topics: ai, financing costs, us tech selloff, asiapac, semiconductor stocks, tsmc, samsung, sk hynix, ai infrastructure, ai spending, money, business
## AI Trade Reversal
A deepening selloff in US technology stocks exposes new vulnerability in Asia’s AI trade.
## Financing Costs Threaten AI
Mounting financing costs could choke off spending needed to sustain the AI boom.
## Oil Surge Stirs Inflation
Oil surged to $110 a barrel for first time since May, stoking inflation concerns.
## Semiconductor Selloff
US semiconductor shares dropped 16% in eight sessions, longest since 2008.
## AI Hardware Stocks Tumble
Goldman Sachs AI hardware basket fell 11% last week, steepest since mid-July.
## Key Stocks Plunge
Nan Ya Plastics fell 12%, Unimicron dropped 14%, Samsung Electro-Mechanics plunged 23%.
## Financing Risk Warning
Rising borrowing costs could delay AI infrastructure spending and reset earnings expectations.
## CoreWeave Shares Drop
CoreWeave bonds sank to distress levels as investors questioned ai demand support.
## AI Spending at Risk
Gartner warns over $3.5 trillion of ai infrastructure spending could be impaired by 2030.
## Key takeaway

Mounting financing costs risk choking AI infrastructure spending in Asia, threatening earnings for chipmakers and suppliers.