Asian Chip Stocks Trigger 3.6% Plunge in MSCI Emerging Markets Index to Four-Month Low

According to Odaily, on Tuesday, the MSCI Emerging Markets Index plunged 3.6%, marking its largest single-day decline since late June and hitting its weakest level since April. Semiconductor weakness spread across Asia, with South Korea's KOSPI (benchmark index) tumbling nearly 11%. Samsung Electronics and SK Hynix fell over 13% each, as a series of trading halts hit Korean stocks amid broad chipmaker selloff.
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