Tech rout deepens as Korean chipmakers lead regional slide
TL;DR Summary
Tech stocks in Asia fell sharply after Nasdaq's Friday drop, with South Korea's Kospi sliding as much as 8.8% and Samsung Electronics and SK Hynix down over 10%, triggering a 20-minute trading halt. The weakness spread to Japan and Taiwan as investors weighed AI-driven hype against memory-chip supply concerns, while Seoul discussed market-stability measures and foreign selling pressured the won.
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- Korean Stocks Tumble as Investors Rush to Offload Tech Shares Bloomberg.com
- Tumbling tech darlings slam brakes on AI rally Reuters
- Asia markets tumble as tech rout deepens Yahoo Finance
- Tech stocks plunge in Asia after record rally and renewed Middle East attacks BBC
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