
According to BofA data, $10.8 billion exited the tech sector, marking the largest weekly fund outflow since 2008. The SOX semiconductor index ended the week down 3.57%. In South Korea’s markets, weeks of pressure on the won eased following the unwinding of approximately $1.5 billion in accumulated foreign exchange demand tied to SpaceX’s IPO. Samsung Electronics shares fell 6.06%. SK Hynix shares dropped 7.54%. Following recent strong rallies in AI and semiconductor stocks, profit-taking has accelerated, signaling a weakening risk appetite in the global technology sector.
