A sell-off in some of the world's biggest semi-conductor stocks spanning across Wall Street and Asia has wiped out over $500 billion in market value as investors choose to take profits off the table amidst concerns of frothy valuations.

South Korea's equity benchmark KOSPI, which has been the biggest gainer among all indices across the Asia-Pacific, slumped over 6% on Wednesday, November 5, with losses led by Samsung Electronics and SK Hynix, both of whom fell as much as 6% in initial trading before staging a recovery from the lows. The two stocks have risen over 80% and 200% so far in 2025 respectively.

Over in Japan, Advantest Corp. fell over 10%, impacting the performance of the Nikkei 225 index. TSMC, the world's largest contract chip manufacturer also fell over 3%. The selling press

See Full Page