# Chip stock sell-off deepens amid concern over AI investment

_Published Tuesday, October 13, 2026 at 2:40 AM EDT · Products, AI · Latest · Tier 2 — Notable_

A global chip stock sell-off deepened after Broadcom's CEO compared AI investing to a casino, the Financial Times reported. Samsung fell as much as 8.8%, SK Hynix 9.2%, and Micron 4%.

Declines in Samsung and SK Hynix dragged South Korea's Kospi sharply lower as investors worried about the scale of AI investment.

## Sources

- [Techmeme](https://www.techmeme.com/261013/p4#a261013p4)

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Canonical: https://techandbusiness.org/newswire/5ANN10ulXCcjXrAbuqAd3_
Published: 2026-10-13T06:40:53.730Z
Story chronology: 2026-10-13T05:05:01.000Z
Retrieved: 2026-10-13T09:27:07.546Z
Publisher: Tech & Business (techandbusiness.org)