Asian markets experienced a decline in shares, with South Korea's Kospi index being the most affected. The index dropped significantly due to prolonged selling of chipmaking shares. The decline was led by a plunge in shares of a major chipmaker after its quarterly profit fell short of forecasts.

Other major technology companies in the region also saw a decrease in their shares. Further details on the decline of Asian markets are available from KSAT 12's source. The decline affected not only South Korea but also other Asian markets, including Tokyo and Taiwan, with various indexes experiencing losses.