Asian stocks retreated on Friday, driven by worries over the potential impact of DeepSeek on the artificial intelligence market, which pressured South Korean chipmakers.

Asian chip stocks rallied on Tuesday following Nvidia's record-high close overnight , fueled by the booming demand for artificial intelligence (AI) technologies. Investors are bullish about the prospects of chip manufacturers benefiting from Nvidia’s success, as key suppliers and semiconductor companies across Asia saw their stock prices surge, News.Az reports.