Asian markets tumble as AI stock sell-off deepens; Nikkei sinks nearly 6%, HSI plunges 2%

Asian stock markets experienced significant selling pressure on Friday. Japan's Nikkei 225 and Taiwan's benchmark saw sharp declines. Concerns over artificial intelligence stock valuations and Middle East conflict weighed on investors. Oil prices extended gains as Middle East tensions escalated. US futures traded lower following a mixed session on Wall Street.

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