Lisa Su, Chairman and Chief Executive Officer of Advanced Micro Devices Inc., displays the AMD Instinct MI455X GPU at the 2026 CES event in Las Vegas, January 5, 2026.
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South Korean markets led the decline in Asia-Pacific on Thursday, tracking losses on Wall Street as losses in tech stocks gained momentum.
of Seoul Kospi The index fell 3.86% to 5,163.57, leading losses in Asia as semiconductor giants Samsung and SK Hynix fell 5.8% and 6.44% respectively.
Other top decliners included defense giant Hanwha Aerospace, which fell 7.33%. The small-cap Kosdaq fell 3.57% to 1,108.41.
Japanese Nikkei Stock Average fell 0.88% to close at 53,818.04, retreating from its all-time high. investment company SoftBank Group Corp. Chip designer Arm Inc.’s license sales fell more than 7% in its fiscal third quarter after falling short of expectations.
However, Japanese electronics maker Panasonic soared 8.41% despite reporting worse sales and net profit for the third quarter of its fiscal year ended December.
However, adjusted operating profit increased 5.59% year over year to 159.1 billion yen ($1.03 billion). Restructuring costs of 129.3 billion yen will be deducted from adjusted operating profit.
The broad-based Topix, previously the only index in positive territory, reversed its gains and fell slightly to 3,652.41, hitting another all-time high.
hong kong Hang Seng Index Mainland China’s CSI 300 index fell 0.6% to close at 4,670.42. Both indexes were dragged by basic materials stocks.
Australia’s S&P/ASX 200 fell 0.43% to close at 8,889.2.
Overnight in the US, the S&P 500 fell 0.51% in consecutive losses, the Dow Jones Industrial Average rose 0.53% and the Nasdaq Composite fell 1.51%.
especially, advanced micro device Shares plunged 17% after first-quarter estimates fell short of some analysts’ expectations. Broadcom and Micron Technology also suffered significant losses, falling about 3.8%, with the latter dropping 9.5%.
After recently falling below the $73,000 level, Bitcoin fell more than 3% and remains slightly above that level.
—CNBC’s Sean Conlon and Pia Singh contributed to this report.
