Asian chip stocks fall across the board Monday; KOSPI briefly drops over 3% in early trading

Asian chip stocks fell across the board in early trading Monday, following through on Friday's selloff in U.S. technology shares. The KOSPI opened down 3.17% at 5,488.41 points, with losses later narrowing to about 1.2%; the Nikkei 225 opened down 0.77% and then extended its decline to 1.73%, at 64,194.90 points. According to TradingKey, Samsung Electronics fell 0.93% to 213,500 won, SK Hynix fell 1.18%, and SoftBank Group fell 4.43% to 4,725 yen. In U.S. markets on Friday, the Nasdaq fell 2.15%, CoreWeave plunged 11.91% in a single day, and SK Hynix's ADR fell 6.58% (per ChosunBiz). According to Bloomberg, DeepSeek's new model released over the weekend also sparked concerns about slowing chip demand.