Equity markets across Asia recorded their steepest decline in seven months as investors reassessed overextended valuations following an AI-driven rally. Technology and semiconductor stocks led the selloff, while commodity-linked assets weakened alongside oil prices. Broader global indices followed suit, pressured by uncertainty over central bank policies and slowing growth signals. Analysts said profit-taking was expected after sharp year-to-date gains. Despite short-term volatility, most strategists maintain a cautiously optimistic view on long-term technology demand and emerging market resilience.