Shares in Asian chip firms plunge further as AI sell-off continues
Shares in Asian chip companies fell sharply after SK Hynix's disappointing results, with Seoul's Kospi index sliding by as much as 12.6% on Wednesday. This followed a nearly 11% drop the previous day, bringing the index to its lowest level since early April.
Why it matters: The downturn highlights growing investor concerns about the performance of AI-related stocks, which could affect the broader technology sector.
Full story at: The Guardian / AI ↗