On October 15, Charu Chanana, Chief Investment Strategist at Saxo Bank Singapore, stated that this round of sell-off in Asian markets is not due to a sudden deterioration in the fundamentals of the technology sector, but rather a recalibration of capital costs. Investors are not questioning the demand for artificial intelligence; instead, they are questioning how much they should pay for this growth amid high, volatile, and potentially rising interest rates.
