Asian Stock Markets Tumble as Chip Companies Get Hit Hard

On July 28, 2026, shares of computer-chip companies plunged across Asia. South Korea's market fell 8%, Japan's dropped 4.3%, and Taiwan's slid 3.9%. Samsung fell 13.4%; SK Hynix fell 10%. Investors worried about Nvidia's finances and competition from China. The sell-off came just before major US tech firms reported earnings.