Tech shakedown spreads as U.S. heavyweights face fresh selling

• Asian tech heavyweights like SK Hynix and Samsung saw double-digit percentage drops, with KOSPI hitting a multi-month low due to a 'market sell-off'.
• European and US chip stocks, including Micron, NVIDIA, and Broadcom, also faced selling pressure in extended hours.
• Chinese chipmakers, such as CXMT, are aggressively bringing new '4F' chip architecture to market, threatening the '6F' technology and pricing runway of major international players.

Global tech stocks, especially chipmakers, are experiencing a significant sell-off across Asian, European, and US markets. This downturn is primarily driven by concerns over rapid advancements and market share challenges from Chinese chipmakers, particularly CXMT, which could disrupt established players' pricing power and profitability.