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Asian markets fall amid semiconductor slump

Asian markets fall amid semiconductor slump

Asian stocks declined significantly on Monday, following a broad downturn in semiconductor company shares, including SK Hynix and Samsung Electronics in South Korea, as well as LG. Shares of Japanese, Taiwanese, and Chinese tech firms also fell, leading to a drop in market indices. This comes after a sharp decline on Wall Street due to escalating tensions in the Middle East and disappointing earnings from server companies, amid rising U.S. Treasury bond yields.

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