Australian tech stocks lose most in over 6 months, tracking Nasdaq's slump

By Reuters News

** Australian tech stocks .AXIJ fell as much as 4.7%, their biggest intraday pct drop since April 9

** Sub-index touches its lowest level since April 14

** Tech stocks fall as hotter-than-expected inflation data sent US peer Nasdaq to a sharply lower close overnight .N

** Tech major Xero XRO.AX down more than 4%, Jefferies cuts price target flagging AI risks and stiff US competition

** YTD, AXIJ down nearly 27%, including day's moves

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