Asian shares plunge as traders sell to lock in profits from latest rallies driven by boom in AI related stocks

Asian shares plunge as traders sell to lock in profits from recent rallies driven by the boom in AI related stocks. This market downturn has specifically impacted Kioxia, whose shares slump 12% as AI-related stocks fall. The overall decline reflects a broader trend of investors securing gains after the significant growth seen in the AI sector, leading to a widespread decrease in stock values across various Asian markets during this specific trading period.