Asian equity markets mostly fell on Tuesday as renewed selling in technology stocks overshadowed the tech-led rally on Wall Street overnight.

Regional sentiment weakened after Samsung Electronics shares tumbled more than 5% despite reporting strong profit growth, driven by robust demand for AI data center memory chips.

SK Hynix also dropped nearly 4% after launching the formal marketing process for its planned US listing.

As a result, South Korea’s KOSPI Composite Index fell nearly 6%, while Japan’s Nikkei 225 Index lost more than 1%.

Markets in Australia and mainland China also traded lower, while Hong Kong equities extended gains for a fourth consecutive session.