One chip earnings report can now move markets across three continents overnight. Here is how concentrated the AI trade has become, and why it matters.
Key Facts
—The trigger. A sharp fall in US chip stocks spread overnight to Asia and Europe in late June.
—The spread. Korea’s market fell about ten per cent in a day, its worst session of the year.
—The shift. Korea now sells more semiconductors than Japan and has become North Asia’s lead market.
—The fall. Tokyo’s Nikkei closed June 24 down 613 points at 69,174 after a deeper intraday slide.
A single doubt about AI-chip valuations swept four markets in one day, from a ten percent crash in Seoul to barely a ripple in…
US chip stocks plunge as Asia's AI selloff spreads globally. SK Hynix and Samsung drop 12%, Nasdaq futures slide 2.6% amid…
Asia Intelligence Brief for Tuesday: the chip rally that led Asia for months broke hard, with Korea's Kospi crashing 10% and…
Asia Intelligence Brief for Friday: South Korea's market fell sharply as a fight over who profits from the AI chip boom collided…
Technology stocks experienced a significant downturn, pulling major indices lower as a sharp selloff in Korean chipmakers raised…
A sharp tech selloff exposed concentration risks in Asian markets, where chip giants such as TSMC, Samsung and SK Hynix dominate…
