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The Nexus
BUSINESSJul 28 · 09:03 UTCGUARDIAN USLauren Almeida and Graeme Wearden

AI sell-off intensifies as investors ditch chip stocks

The sell-off in AI stocks has intensified, causing Samsung and SK Hynix to fall over 10% as investors worry about AI spending risks, Chinese competition, and high borrowing by AI firms for datacentre expansions. South Korea’s stock market hit a three-month low amid the decline.

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SamsungorganizationSK HynixorganizationAI stockstopicSouth Korea’s stock marketplaceChinese competitiontopicAI companiesorganization
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