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Story summary
- Broadcom's shares fell over 12% on Friday after a U.S. Q2 revenue miss, sparking a semiconductor sell-off.
- Asian tech stocks slumped as investors shifted from AI-linked names to defensive sectors, with Samsung Electronics down nearly 7% and SK Hynix over 8%.
- Japanese and Taiwanese components fell, Japanese firms Tokyo Electron and Advantest dropping over 5% and Taiwan's Hon Hai, Pegatron and Largan Precision each slipping 2%-4%.
