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Global Market: Samsung, SK Hynix plunge up to 11% as investors reassess AI chip boom

South Korean chip stocks experienced sharp declines on Tuesday. Major companies like Samsung Electronics and SK Hynix saw significant drops. Investors scaled back artificial intelligence-related bets due to spending sustainability worries. Concerns over China's semiconductor advancements also fueled market unease. This selloff reflects a broader reassessment of AI valuations and future demand.

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Economic TimesLean R·2h ago
Global Market: Samsung, SK Hynix plunge up to 11% as investors reassess AI chip boom
South Korean chip stocks experienced sharp declines on Tuesday. Major companies like Samsung Electronics and SK Hynix saw significant drops. Investors scaled back artificial intelligence-related bets due to spending sustainability worries. Concerns over China's semiconductor advancements also fueled market unease. This selloff reflects a broader reassessment of AI valuations and future demand.
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Global Market: Samsung, SK Hynix plunge up to 11% as investors reassess AI chip boom

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Global Market: Samsung, SK Hynix plunge up to 11% as investors reassess AI chip boom

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