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Home›Global Markets›Asia›SK Hynix shares plunge 10% in Seoul amid broader chip…

SK Hynix shares plunge 10% in Seoul amid broader chip sell-off

Reported · Written up by our desk · Asia

SK Hynix shares fell sharply in Seoul on Tuesday, dropping about 10% as the semiconductor sell-off broadened, extending losses in the chip sector.

CNBC Markets said the decline followed another weak session for semiconductor-related stocks on Wall Street, which spilled over into Korean markets.

The slide in SK Hynix highlighted how the sell-off in global chipmakers is continuing to weigh on semiconductor equities across regions.

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Sources

CNBC MarketsShares of SK Hynix plunge 10% in Seoul as semiconductor sell-off deepens
CNBC WorldShares of SK Hynix plunge 10% in Seoul as semiconductor sell-off deepens

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