Samsung Leads Asia Tech Rebound as Global Rout Eases
TL;DR Summary
Asia's tech shares rebounded after a global sell-off, led by Samsung Electronics' more-than-9% jump and gains for SK Hynix, with mixed moves across Japan and China; US tech names fell overnight as the Nasdaq slid about 2%, and memory-chip makers Micron and Sandisk dropped around 13%, suggesting the rally could be a pause rather than a reversal, according to analysts.
- Asia tech stocks mixed as Samsung rebounds, but chip shares remain under pressure after global selloff CNBC
- Morning Bid: Time to cash in your chips? Reuters
- Korean Stocks Rebound After 10% Rout as Focus Back on Earnings Bloomberg.com
- (2nd LD) KOSPI crashes nearly 10 pct on massive tech sell-offs Yonhap News Agency
- The KOSPI Index Has Become a Canary in the Tech Stocks Coal Mine Barron's
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