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Shares in Asian chip firms plunge further as AI sell-off continues
Drop comes after South Korean company SK Hynix’s results undershoot investors’ expectationsBusiness live – latest updatesShares in companies linked to AI have plunged further after disappointing results from the South Korean chipmaker SK Hynix, which sent the country’s stock market tumbling for a second day in a row.Seoul’s Kospi index, which is dominated by semiconductor manufacturers, slid by as
Published Wednesday, 29 July 2026 at 08:50
Drop comes after South Korean company SK Hynix’s results undershoot investors’ expectationsBusiness live – latest updatesShares in companies linked to AI have plunged further after disappointing results from the South Korean chipmaker SK Hynix, which sent the country’s stock market tumbling for a second day in a row.Seoul’s Kospi index, which is dominated by semiconductor manufacturers, slid by as much as 12.6% at one point on Wednesday, following on from a near 11% slump the previous day, reaching its lowest level since early April. Continue reading...
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