SK Hynix, Samsung, and SoftBank plunge as Asian semiconductor stocks sell off sharply following a US tech rout driven by AI valuation concerns.

SK Hynix, Samsung, and SoftBank plunge as Asian semiconductor stocks sell off sharply following a US tech rout driven by AI valuation concerns.

South Korean stocks plunged nearly eight percent at close Thursday as tech giants Samsung and SK hynix tumbled on fears of slowing AI chip demand. The slide on the Kospi market…