AI-Driven Chip Selloff Deepens Across Asia as Samsung, SK Hynix Slump
TL;DR
South Korean chipmakers led a broad Asia selloff as AI-linked names tumbled, with SK Hynix down more than 10% and Samsung Electronics off over 8%, amid a wider tech rout in the U.S. and uncertainty about AI spending; SoftBank and other tech peers also declined, underscoring heightened volatility and the global linkage of AI sentiment to chipmakers.
- Shares of SK Hynix plunge 10% in Seoul as semiconductor selloff deepens CNBC
- SK Hynix’s $570 Billion Selloff Shows Cracks in Memory-Chip Boom Bloomberg.com
- Korean chip stocks tumble with SK Hynix below US listing price amid China competition fears Reuters
- Samsung, SK Hynix slide amid Nvidia financing worries, China competition Yahoo Finance
- SK Hynix: This Is A Tough Call (NASDAQ:SKHY) Seeking Alpha
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