By Ankur Banerjee SINGAPORE (Reuters) -Asian stocks rose on Monday as the U.S.-China trade truce and soaring spending on artificial intelligence kept risk sentiment aloft, while the dollar held near a three-month high after hawkish comments from Federal Reserve policymakers.

Global markets tumble as Asian chipmakers trigger a $500 billion sell-off in AI and semiconductor stocks, fuelling fears of an overheated tech bubble and renewed investor caution.

US equity benchmarks dropped for the second time in three sessions with AI-related stocks such as Nvidia Corp. tumbling, while a closely watched volatility gauge spiked.

Asian stock markets tumbled on Friday, marking steep weekly losses as a global tech sell-off intensified amid valuation concerns and renewed U.S.-China tensions. Technology shares in Japan and South Korea led the decline,

Asia stocks rise on Thursday, with key indices in Japan and China leading the gains, as a rebound on Wall Street overnight lifted global risk appetite, the upbeat U.S. private payrolls data helped ease concerns overstretched AI valuations.

As Asian markets navigate a complex landscape marked by economic shifts and policy changes, investors are increasingly focusing on dividend stocks as a source of steady income amid market volatility.

European stocks hit a two-week high on Thursday, supported by a handful of strong earnings reports, more stimulus for Britain's economy, and a surge in Wall Street stocks as the U.S. presidential election race came down to the wire.