Chip firms fall in US and Asia as AI jitters rattle investors
Chip stocks are facing a significant drop as fears surrounding AI profitability shake investor confidence. In South Korea, the Kospi index fell nearly 10% after a trading halt, with giants Samsung and SK Hynix each losing about 12%. Analyst...
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Chip stocks are facing a significant drop as fears surrounding AI profitability shake investor confidence. In South Korea, the Kospi index fell nearly 10% after a trading halt, with giants Samsung and SK Hynix each losing about 12%. Analysts are now scrutinizing the sustainability of AI investments as Nvidia loses its top company status to Apple.
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