Taiwan's tech stocks took a beating as Delta Electronics shares got cut in half from their May peak, and AI jitters hit chip stocks across the board.

• Delta Electronics shares dropped sharply again, now down about 50% from their high earlier this year, as weak factory profit margins and AI supply bottlenecks (parts, power, workers) worried investors.
• Foxconn passed Delta in total market value, pushing Delta out of Taiwan's top 3 most valuable companies; TSMC and MediaTek remain far ahead at the top.
• TSMC shares also fell to a multi-month low after a rough week for U.S. chip stocks, with foreign investors dumping Taiwanese shares heavily.
• Intel's stock crashed nearly 30% in the U.S. on weak earnings guidance, wiping out huge value in a single day and deepening fears of an AI stock bubble; this also hurts Intel's big shareholders, including the U.S. government and Nvidia.
• Separately, Binance confirmed North Korean-linked hackers stole billions in crypto, though the exchange says it's covering customer losses and has already recovered part of the funds.

Outlook: Delta's leadership says AI demand is still strong and expects sales to pick up next quarter, but near-term sentiment stays shaky as the broader AI stock selloff continues.