Australian tech stocks falls to more than 6-month low, tracking Wall Street's AI slump

NEXTDC

12/11/2025 04:46

** Australian technology stocks .AXIJ fall as much as 3.5% to their lowest since May 9

** Artificial intelligence-related companies fell on renewed concerns over elevated valuations .N

** Sector constituents NEXTDC NXT.AX, Xero XRO.AX loses as much as 3.5% and 2.4%, respectively

** AXIJ sheds 7.5% YTD

 (Reporting by Sherin Sunny in Bengaluru)

 ((Sherin.Sunny@thomsonreuters.com;))