Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc., displays an AMD Instinct MI455X GPU during the 2026 CES event in Las Vegas, Jan. 5, 2026.
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Asia-Pacific markets were set to mostly fall Thursday as the tech sell-off on Wall Street gained momentum, with cryptocurrencies also falling.
Notably, Advanced Micro Devices plunged 17% after its first-quarter forecast underwhelmed some analysts. Broadcom and Micron Technology also suffered major losses, falling about down 3.8%, while the latter fell 9.5%.
Bitcoin declined more than 3%, hovering just above the $73,000 level, after falling below that mark earlier.
In Asia, investors will keep an eye on tech and tech-related stocks in the region to watch for any spillover.
Australia’s S&P/ASX 200 was down 0.13%, dragged by energy stocks.
Hong Kong’s Hang Seng index futures were at 26,534, lower than the HSI’s last close of 26,847.32.
However, Japan’s Nikkei 225 futures pointed to a stronger open for the market, with the futures contract in Chicago at 54,450 and its counterpart in Osaka at 54,380, compared to the previous close of 54,293.36.