Asian technology stocks continue to fall following the decline of chip stocks in the US overnight! SK Hynix fell over 10%, Samsung Electronics fell more than 8%.

According to the Securities Times app, the impact of the sell-off of US chip stocks overnight spread to the Asian markets, leading to a collective plunge in Asian chip stocks on Thursday. Among them, SK Hynix's stock listed in Seoul plummeted by more than 11% at one point, completely erasing the previous day's 8% gains, with a continued drop of over 10% as of the time of writing. Earlier this week, the stock had set a record for the largest single-day decline, partly due to concerns about the outlook for artificial intelligence (AI) spending as investors chose to take profits. Meanwhile, Samsung Electronics' stock price fell by over 8%, Seoul Semiconductor dropped by over 5%, LG Innotek fell by about 1%, and Samsung SDI dropped by over 2%.