CXM T
Coverage of CXM T in the Nexus archive.
- Asian shares slip and South Korea’s Kospi index sinks 10% on heavy selling of chipmaking stocks
South Korea’s Kospi index fell over 10% due to heavy selling of chipmaking stocks like Samsung Electronics and SK Hynix, driven by concerns over competition from Chinese AI startups. Asian markets broadly declined, with the Nikkei 225 and Taiex dropping 4% and 3.9% respectively, while oil prices fell amid reduced U.S.-Iran tensions.
- Asian shares slip and South Korea’s Kospi index sinks 10% on heavy selling of chipmaking stocks
South Korea’s Kospi index dropped 10.5% amid heavy selling of chipmaking stocks like Samsung Electronics and SK Hynix, driven by concerns over competition from Chinese AI startups and chipmakers. Asian markets broadly declined, with the Nikkei 225 down 4% and the Taiex falling 3.9%, while oil prices fell over 1%.
- Asian shares slip and South Korea’s Kospi index sinks 10% on heavy selling of chipmaking stocks
South Korea’s Kospi index dropped 10.5% due to heavy selling of chipmaking stocks like Samsung Electronics and SK Hynix, driven by concerns over competition from Chinese AI startups. Asian markets broadly declined, with Tokyo’s Nikkei 225 down 4% and Taiwan’s Taiex falling 3.9%, while oil prices fell over 1% amid reduced U.S.-Iran tensions.