Samsung Electronics shares fell 8.3% on Tuesday, its price sliding to the lowest level on the KOSPI after a sharp sell‑off triggered by unexpected U.S. inflation data.
The KOSPI slipped 8% in total, its technology sector dragging down the index as semiconductor names like SK Hynix also lost over 8%.
In Japan, the Nikkei 225 tumbled 4% and the TOPIX slipped 2%, while the MSCI Asia Pacific fell 2.2%, marking its lowest close since July.
The sell‑off was fueled by a 5.5% jump in the U.S. CPI, prompting Bloomberg to report that Treasury yields fell 6 basis points on the day as investors sought safe havens.
Nasdaq 100 futures edged down 0.8%, reflecting a cautious stance toward AI‑related equities after a prolonged period of stability in the U.S. market.
Looking ahead, analysts are eyeing the Fed’s next meeting, where a potential rate hike could further dampen tech valuations; investors should monitor upcoming U.S. CPI releases for clues.