Asia stocks slump as chip rout deepens after hotter U.S. inflation — Live Feedhttps://www.live-feeds.com/feed/asia-stocks-slump-as-chip-rout-deepens-after-hotter-u-s-inflationContinuously updated, source-cited coverage. Asian Stocks Plunge as US Inflation Fuels Tech and Chip Routhttps://www.live-feeds.com/feed/asia-stocks-slump-as-chip-rout-deepens-after-hotter-u-s-inflationhttps://www.live-feeds.com/feed/asia-stocks-slump-as-chip-rout-deepens-after-hotter-u-s-inflation#u130089Sun, 18 Oct 2026 01:51:39 +0000Asian equity markets tumbled following hotter-than-expected U.S. Consumer Price Index data, which intensified bets on Federal Reserve rate hikes. The sell-off hit technology and chip stocks hardest, with South Korea's KOSPI index plunging nearly 9% and triggering a circuit breaker. Market losses were driven by a combination of crumbling AI trades, fears of intensifying Chinese competition for chipmakers like Samsung Electronics and SK Hynix, and a broader global tech retreat that originated on Wall Street. Tokyo and Seoul experienced the most significant selling pressure.Why it mattersHig