Asia Stocks Slide as Chip Rout Deepens, Led by South Korea’s AI Bellwethers
Asian equities extended a broad selloff on Wednesday as a global risk-off move intensified, with technology and semiconductor shares bearing the brunt of the pressure. MSCI Inc.’s Asia Pacific gauge fell 1.5%, putting it on track for a fourth straight decline, while South Korea’s Kospi tumbled to its lowest level since late July amid heavy losses in Samsung Electronics and SK Hynix.
