Nasdaq sell-off sends Asian chip and tech stocks tumbling

Summary

Asian technology stocks fell sharply on Friday after an overnight sell-off on Wall Street sent the tech-heavy Nasdaq Composite into correction territory. Shares of SK Hynix, Samsung, SoftBank and TSMC tumbled. The Financial Times reports that Japan's Nikkei 225 fell below 60,000 points for the first time since May and that Seoul's Kospi dropped under 5,000 points, describing the move as 'complete carnage' as the Nikkei 225 and Topix indices dropped nearly 6% in a flight from the AI trade. Bloomberg reports that key Asian markets were hit by a major tech selloff following the overnight drop in US technology shares. The available reports give no further figures or quotes.

Timeline

1. CNBC

   6 Nov 2026, 01:11 UTCSource ↗

   CNBC reports that a sharp Wall Street sell-off overnight sent the tech-heavy Nasdaq Composite into correction territory, and Asian tech stocks including SK Hynix, Samsung, SoftBank and TSMC tumbled on Friday.

2. Bloomberg

   6 Nov 2026, 05:20 UTCSource ↗

   Bloomberg's video report says key Asian markets were hit by a major tech selloff following an overnight drop in US technology shares, with reporters and veteran tech investor Dan Niles reviewing key moments.

3. Financial Times

   6 Nov 2026, 08:00 UTCSource ↗

   The Financial Times reports that the Nikkei 225 fell below 60,000 points for the first time since May and Seoul's Kospi fell under 5,000 points, describing the move as 'complete carnage' in Asian tech stocks.