chip market
Coverage of chip market in the Nexus archive.
- Leveraged ETFs tied to SK Hynix are getting hammered as chip wreck deepens
Leveraged ETFs linked to SK Hynix are experiencing significant losses as the chip market downturn worsens. Volatility in the AI trade has negatively impacted bullish investments in stocks through leveraged ETFs this week.
- Live markets: Bitcoin slips to $63,000 as the chip rout goes global
Bitcoin's price dropped to $63,000 as a global decline in the chip market occurred.
- Samsung Electronics, SK Hynix shares tumble over 7% as chip rout spreads from Wall Street
Shares of Samsung Electronics and SK Hynix plummeted more than 7% in early trading due to a spreading chip market rout originating from Wall Street.
- South Korea unveils US$650 billion megaprojects to dominate global AI, chip market
South Korea announced a $650 billion investment in AI and chip industries to strengthen global leadership, with President Lee Jae Myung emphasizing regional economic revitalization. The initiative involves collaborations with Samsung Electronics and SK Hynix, key players in the semiconductor sector.