StocksMedium•13 October 2026•
1 min read

Asian Tech Stocks Slump Led by SK Hynix and SoftBank Amid U.S. Sell-off

Key Facts

1Asian technology stocks tumbled Tuesday following a sell-off in U.S. semiconductor shares.
2Shares of SK Hynix and SoftBank saw significant declines as Wall Street pressure spilled over into regional markets.

Asian technology stocks tumbled Tuesday following a sell-off in U.S. semiconductor shares. CNBC reported that shares of SK Hynix and SoftBank saw significant declines as Wall Street pressure spilled over into regional markets.

SKHY closed at $162.23 on October 12, 2026, having touched a session low of $161.31. Similarly, SFTBY closed at $17.56 on October 12, 2026, as the regional sector tracked the negative lead from U.S. semiconductor giants during the previous session.