Asian equities are poised for a largely weaker opening, mirroring a selloff in US chipmakers that dragged American stocks lower. Oil prices continued their decline, adding to the bearish sentiment in global markets.

The tech sector, particularly semiconductor stocks, faced significant pressure, contributing to the downturn in the US. This weakness is expected to ripple across Asian markets, which often follow trends in the US, especially within the technology industry.

Investors are closely watching energy markets as oil prices extend their losses. This decline in crude could impact oil-producing nations and companies, potentially influencing broader economic outlooks and corporate earnings across various sectors. The confluence of tech sector weakness and falling oil prices suggests a cautious trading environment for Asian markets.