Asian Chip Index Falls More Than 2% to Its Lowest Level Since July

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Asian semiconductor shares extended losses Monday, sending a regional chip-stock gauge down more than 2% to its lowest since July as investors weighed U.S. AI financing risks and a DeepSeek update. TSMC, SK Hynix and Advantest were among the biggest drags on the gauge. South Korea’s Kospi fell more than 3% at one point before recovering some ground, while Japan’s Nikkei 225 dropped as much as 2.3% and Taiwan’s benchmark index fell 2%. The Kospi posted its steepest weekly decline since October 2008 last week. Its decline reached 7% on Oct. 15 . Investors weighed financing concerns around U.S. AI infrastructure and the possibility that more efficient models could reduce memory demand.
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