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Asian stock markets are poised for a lower opening. Over the weekend, top executives from prominent AI firms advocated for a deceleration in the development of advanced AI models, a move that poses considerable risks to stock indices heavily weighted towards hardware-related sectors. Initially, regional stock index futures experienced an uptick; however, this optimism is likely to wane as spot trading kicks off. On Sunday, the SK Hynix perpetual contract on the Hyperliquid platform witnessed a sharp decline, acting as a harbinger of potential turbulence for the Asian AI infrastructure sector. Moreover, on Monday morning, Nasdaq 100 futures underperformed relative to S&P 500 futures, hinting at a potentially rocky start for major Asian indices.
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