BUSINESSQUARTZ
Chip stocks are in freefall from Seoul to Wall Street. Amazon, Meta, and Microsoft report this week
Chip stocks are falling sharply in South Korea and the US, with the Kospi dropping 10% and Nasdaq-100 futures declining over 1% as semiconductor companies continue their four-day losing streak. Amazon, Meta, and Microsoft are among the companies reporting this week.
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Adjacent reporting
- Asian stocks mostly decline on a sell-off of chip shares
- Korean Stocks Tumble 9% on Chip Selloff, Triggers Trading Halt
- Wall Street quietly mixed as chip companies continue to lose ground following Wednesday's sell-off
- Japanese, Korean Stocks Tumble as Chip Selloff Intensifies
- South Korea stocks fall 4% as tech heavyweights follow plunge in Wall Street's AI-linked names
- Asian stocks mostly decline on a sell-off of chip shares