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Benzinga

Business

Erica Kollmann

Is the AI Chip Trade Actually Cracking? $1 Trillion Wiped Out in Korea — And It's Spreading

South Korea SK Hynix Nasdaq AMD Nvidia Samsung SNDK

Ai,Chip,With,Candlestick,Chart,Graph,With,Indicator.,Stock,Market,

Six weeks. Four separate chip-stock selloffs. A combined $1 trillion wiped off Korea’s top four chipmakers. If you’re wondering whether the AI trade has hit a wall, you are not alone.

SNDK stock is down 14%. See the chart and price action here.

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