Asian Stocks Fall as Kospi Hit by Selloff in Chips: Marke…

On July 15, 2026, semiconductor stocks experienced a decline across Asia, contributing to a drop in regional equities as investor skepticism grew regarding the sustainability of an AI-driven market rally amidst high valuations. The South Korea Kospi Index fell by 6%, significantly impacted by losses from SK Hynix Inc. and Samsung Electronics Co. Additionally, Japan’s Nikkei 225 Stock Average decreased by 3%, leading to an overall 1.2% decline in the MSCI Asia Pacific equities gauge.

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By Anand Krishnamoorthy and Abhishek Vishnoi

July 15, 2026 at 10:07 PM UTC

Updated on July 16, 2026 at 5:57 AM UTC

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Semiconductor stocks fell across Asia, dragging regional equities lower, as investors became more skeptical that the artificial intelligence-driven rally can withstand lofty valuations. Oil declined.

South Korea’s Kospi Index — a bellwether for AI investments — slumped 6% ahead of Friday’s market holiday, with SK Hynix Inc. and Samsung Electronics Co. leading the losses. A 3% drop in Japan’s Nikkei 225 Stock Average deepened the regional retreat, dragging MSCI’s Asia Pacific equities gauge down 1.2%.

Read Original at Bloomberg.com →

Asian Stocks Fall as Kospi Hit by Selloff in Chips: Markets Wrap