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Korean chip stocks flip to losses on lingering AI, memory pricing concerns
SEOUL, July 8 : Shares of South Korean chipmakers Samsung Electronics and SK Hynix reversed early gains to fall sharply on Wednesday, amid lingering concerns over slowing memory price growth and whether earnings have peaked.Samsung slid as much as 7.6 per cent and SK Hynix dropped as much as 5.2 per cent in a
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cryptobriefing.com
Asian tech stocks slump as investors lock in profits after Samsung's monster run
Samsung Electronics fell 9% and SK Hynix dropped nearly 15% as investors rotated out of AI chip stocks, dragging the Kospi index down roughly 5%.
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economictimes.indiatimes.com
Explained: Why did Samsung shares crash 10% even after tech giant forecast 19x jump in profit
Samsung Electronics shares plunged 10% despite forecasting a 19-fold jump in second-quarter profit, as investors worried the AI-driven memory chip boom may be peaking. Analysts…
