The Asian Tech Meltdown Is Turning Into Full-Blown Panic

The Asian tech meltdown is getting uglier

KOSPI is crashing, volatility is exploding, and oversold conditions have reached levels not seen since 2022. Yet the selling shows little sign of stopping.

Meanwhile, the divergence between Korea and the rest of the semiconductor complex is becoming increasingly extreme. Even Taiwan, seemingly immune to the carnage, is starting to roll over.