Talk of an AI bubble bursting is making rounds in crypto and traditional markets alike. If it actually happens, Asian equities won't escape the fallout—that's pretty much inevitable. Sell-off pressure would likely spread across the board.

But here's where it gets interesting. Compared to their US counterparts, many Asian stocks are trading at much leaner valuations. That relative cheapness could be exactly what keeps investors from panicking too hard. When everything's already priced for disappointment, the downside sometimes feels less scary.

So yeah, pain probably comes for everyone. The question is whether you're already sitting on a cushion.