StocksMedium•7 November 2026•
1 min read
Asian Markets Lose $1.2 Trillion as Chip Stocks Crash in Japan and South Korea
Key Facts
1Asian stock markets lost an estimated $1.2 trillion as semiconductor shares plunged across South Korea, Japan, and Taiwan.
2The South Korean KOSPI finished 6.02% lower, while Japan’s Nikkei 225 closed down 5.96%.
Asian stock markets lost an estimated $1.2 trillion as semiconductor shares plunged across South Korea, Japan, and Taiwan. The Market Periodical reported that the South Korean KOSPI finished 6.02% lower, while Japan’s Nikkei 225 closed down 5.96%, following a spillover from an AI stock selloff on Wall Street that impacted regional heavyweights.
Major chip manufacturers saw significant declines, with TSM closing at $375.44 on November 6, 2026, and SMSN.L closing at 3,594 on the same date. SKHY closed at $127.34 on November 6, 2026, amid reports that Samsung Electronics dropped approximately 10% and SK hynix fell as much as 13% during intraday trading before recovering some ground.