AICNBC1h ago
Asian chipmakers extend Wall Street losses
Asian chipmakers extend Wall Street losses as US Fed rate hike fears and AI funding worries mount; SK Hynix fell 10%+ on the KRX, while Samsung fell ~10%
TL;DRAsian chip stocks tumbled on Fed rate hike fears and AI funding concerns.
Why it matters: Chipmaker weakness signals broader tech sector vulnerability; affects AI infrastructure rollout and hardware valuations globally.
A sell-off in global technology hardware stocks deepened Thursday, with Asian chipmakers tracking Wall Street losses as concerns …
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