Chip Selloff Extends to Asia as Samsung, SK Hynix Slump

Watch on YouTube ↗  |  August 19, 2026 at 05:52  |  2:19  |  Bloomberg Markets
Speakers
Winnie Hsu — Bloomberg Reporter (Asia Markets)

Summary

Bloomberg's Winnie Hsu reports that Asian stocks are sharply lower as the semiconductor selloff continues, pressured by higher oil prices, elevated yields, and concerns about hyperscaler capex. Baidu fell about 12% on disappointing earnings and slowing AI growth, while Unitree Robotics surged after its Shanghai IPO. Treasuries and Asian bonds stabilized, and the yen strengthened slightly.

  • Asian equities tracked US chip losses overnight
  • Chip selloff continues amid higher oil and elevated yields
  • MSCI Asia down about 2%, KOSPI down about 5%
  • Baidu dropped around 12% after weak earnings and capex concerns
  • Unitree Robotics jumped as much as 630% after Shanghai IPO
  • Treasuries and Asia bonds stabilized after 10-year yield hit 19-month high
  • Japanese yen strengthened slightly against a weaker dollar
Ideas
Winnie Hsu Bloomberg Reporter (Asia Markets) 0:12
Asian tech chip selloff continues on yields
Asian tech and semiconductor equities are extending the US-led chip selloff because higher oil prices and elevated bond yields pressure high-valuation tech names that rely on future earnings, while rising borrowing costs raise concerns about hyperscaler capex; MSCI Asia was down about 2% and KOSPI down about 5%, with tech-heavy Japan and Taiwan gauges following.
Winnie Hsu Bloomberg Reporter (Asia Markets) 1:09
Baidu hit by earnings capex AI slowdown
Baidu fell about 12% after disappointing earnings, with concerns around massive capex spending and a slowdown in AI growth weighing on the stock.
Winnie Hsu Bloomberg Reporter (Asia Markets) 1:20
Unitree Robotics IPO is bright spot
Unitree Robotics is a bright spot after its Shanghai IPO opened as much as 630% higher, raising about $900 million and making it the first publicly traded humanoid robotics company in China with a significant role in the US-China AI race.
Up Next

This Bloomberg Markets video, published August 19, 2026, features Winnie Hsu discussing EWY, MSCI Asia, BAIDU, 688836.SS. 3 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Winnie Hsu  · Tickers: EWY, MSCI Asia, BAIDU, 688836.SS