Semiconductor stocks plunge globally as Asian weakness spreads

Semiconductor shares fell sharply Tuesday across multiple regions following weakness in Asian markets. SK Hynix tumbled 14.65 percent and Samsung Electronics dropped over 13 percent, triggering cascading declines in chip stocks worldwide. In Japan, Tokyo Electron fell 10.96 percent and Kioxia plunged over 18 percent. Taiwan's TSMC closed nearly 3 percent lower while mainland China's tech-heavy ChiNext 300 index declined 6.49 percent. The sell-off underscored how closely intertwined Asian technology shares have become with the broader U.S. AI infrastructure trade.