The MSCI Emerging Markets index fell 2.6 % to 1,620.66 on July 17, 2026, entering correction territory with a decline exceeding 10 % from its recent high. Taiwan was particularly hard hit with a 6.5 % slide in its stocks, while Samsung Electronics and SK Hynix shares dropped between 7 % and 10 % in early October. In September 2026, foreign investors pulled $26.3 billion from emerging-market stocks and bonds, marking the first net outflow since June. This concentration of outflows on markets hosting the world’s largest chipmakers, whose combined weight can exceed 40 % in the MSCI index, makes emerging markets particularly vulnerable to doubts about sustainable AI demand.
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