Kospi, the benchmark stock index for the Korean stock market, fell as high as 5.7%. SK Hynix and Samsung Electronics followed their US chip peers and fell after rebounding the previous two days. SK Hynix's stock price fell as much as 10% on the Korea Exchange after its American Depositary Receipts plummeted 9% on Wednesday. Samsung shares fell as much as 7.3%. The Philadelphia Semiconductor Index closed down 2.1% on Wednesday, with Micron falling 8%.

Kospi, the benchmark stock index for the Korean stock market, fell as high as 5.7%. SK Hynix and Samsung Electronics followed their US chip peers and fell after rebounding the previous two days. SK Hynix's stock price fell as much as 10% on the Korea Exchange after its American Depositary Receipts plummeted 9% on Wednesday. Samsung shares fell as much as 7.3%. The Philadelphia Semiconductor Index closed down 2.1% on Wednesday, with Micron falling 8%.