South Korea’s KOSPI tumbled for a second straight day after SK Hynix’s Q2 results missed expectations, extending a sell-off in chip makers as retail investors cut holdings. The KOSPI fell 10% on Tuesday and slid a further 8% on Wednesday, leaving it down more than 30% month-to-date in July and on track for a record monthly decline. SK Hynix dropped 14% on Tuesday and a further 12% on Wednesday, wiping out roughly one-fifth of its market value over two sessions. Investors are now awaiting Thursda

South Korea’s KOSPI tumbled for a second straight day after SK Hynix’s Q2 results missed expectations, extending a sell-off in chip makers as retail investors cut holdings. The KOSPI fell 10% on Tuesday and slid a further 8% on Wednesday, leaving it down more than 30% month-to-date in July and on track for a record monthly decline. SK Hynix dropped 14% on Tuesday and a further 12% on Wednesday, wiping out roughly one-fifth of its market value over two sessions. Investors are now awaiting Thursday earnings from Samsung Electronics and major U.S. tech firms.