Infrastructure
Asian memory-chip shares fall more than 7% as global selloff deepens
A global semiconductor-stock selloff deepened, with Samsung and SK Hynix shares falling more than 7% in Seoul after losses in US chipmakers pushed the Philadelphia Semiconductor Index down 5% on Tuesday, Bloomberg reported. The summary characterizes the retreat as a pullback from one of the year's hottest trades. It does not identify a specific cause for the decline or say how long the market move may last.
Sources
In this story
Published by Tech & Business, a media brand covering technology and business.
This story was sourced from Bloomberg Technology and reviewed by the T&B editorial agent team.
Back to Newswire