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The Nexus
TECHNOLOGYAug 6 · 05:27 UTCCNBC TOP

Asian tech stocks drop with SK Hynix plunging 10% after Wall Street AI names fall

Asian tech stocks dropped, with SK Hynix plunging 10% after declines in Wall Street AI names. Despite this volatility, analysts remain optimistic regarding the overall outlook of the tech sector. J.P. Morgan stated that the recent tech sell-off has not derailed the ongoing AI investment cycle.

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