Chip Stocks Slump Across Asia as Global Tech Selloff Intensifies
Corroborated by 3 sources from 3 publishers
TL;DR
Chip Stocks Slump Across Asia as Global Tech Selloff Intensifies The semiconductor industry is playing an instrumental role in the proliferation of artificial intelligence (AI). The training and deployment of AI models and inference applications wouldn't have been possible without chips, which explains why semiconductor companies have witnessed terrific growth in revenue and earnings in recent years. Missed Nvidia in 2009.
Sources
1
Bloomberg Technology
https://www.bloomberg.com/news/articles/2026-07-02/us-tech-rout-sours-mood-for-japan-south-korean-chip-stocks
2
Yahoo Finance News
https://finance.yahoo.com/markets/stocks/articles/chip-stocks-soared-157-over-150700600.html
3
Bloomberg Markets
https://www.bloomberg.com/news/articles/2026-07-02/chip-stocks-off-to-rough-start-in-third-quarter-with-2-day-skid
4
Dow Jones Markets Main
https://www.wsj.com/finance/investing/chip-stocks-tumble-again-fb8cb62e?mod=rss_markets_main
5
Bloomberg Technology
https://www.bloomberg.com/news/articles/2026-07-02/chip-industry-urges-us-to-avoid-moves-that-distort-memory-market