Business · Markets · 1 hr ago

Samsung and SK Hynix Shares Fall on Rival and AI Rally Concerns

Samsung and SK Hynix Shares Fall on Rival and AI Rally Concerns

Shares in South Korean chipmakers Samsung Electronics and SK Hynix fell further.

They had already been declining.

Investors were concerned about competition from Chinese rivals.

They were also worried that the rally in artificial intelligence stocks had gone too far.

The companies’ share prices are being affected by these concerns.

The decline continued alongside remarks by Broadcom, though their content was not specified.

Sources

Related news