<h1>Asian stocks tumble as AI bubble fears, Fed uncertainty and trade shifts spark broad tech and crypto selloff</h1> Asian equity markets fell sharply, mirroring Wall Street's decline, amid concerns over an artificial intelligence-driven asset bubble and uncertainty about US monetary policy after stronger-than-expected jobs data reduced prospects of a near-term Federal Reserve rate cut. Japanese markets dropped on expectations of a forthcoming fiscal stimulus package, which is pressuring the yen and government bonds amid rising inflation. Regional trade dynamics showed Japan's exports shifting away from the US, where higher tariffs imposed by the US administration reduced demand, toward other Asian markets. Broader losses in technology shares, cryptocurrencies and AI-related stocks highlighted ongoing market volatility and elevated regulatory and policy risk in global capital and trade markets.