Chip Selloff Extends to Asia as Samsung, SK Hynix Slump
A global selloff in semiconductor stocks deepened as investors retreated from one of the year’s hottest trades. Shares of Samsung and SK Hynix slumped more than 7% in Seoul after losses in US chipmakers sent the Philadelphia Semiconductor Index down 5% on Tuesday. Bloomberg's Winnie Hsu has the details. (Source: Bloomberg)
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