Samsung, SK Hynix shares crash up to 14% as Kospi’s massive bloodbath enters day 2

South Korea's Kospi index extended its slide for a second consecutive day, triggered by an overnight rout in US technology shares. SK Hynix plunged over 14 percent and Samsung Electronics fell more than 10 percent, prompting Korean exchanges to halt trading for 20 minutes after circuit breakers were triggered. The selloff reflects growing concerns that the AI-driven semiconductor rally has run ahead of fundamentals, compounded by reports that Apple is exploring chip sourcing from Chinese manufacturers and Meta considering selling excess compute capacity.