Asian equity markets suffered a severe sell-off overnight, with the semiconductor sector leading losses as investor sentiment reversed sharply.
South Korea's benchmark index dropped 6.85%, marking a significant downturn in the region's tech-heavy markets.
Apple also faced heavy selling pressure, tumbling 6% in the session.
Samsung Electronics was among the hardest hit, with shares falling 7.4% as the broader chip rollercoaster continued to unsettle traders.
Apple also faced heavy selling pressure, tumbling 6% in the session.
The sharp decline in Asian tech stocks contrasts with the performance in Latin America, where markets moved in the opposite direction.
Brazil's benchmark index reached a fresh record high, driven by a rebound in commodity prices.