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Benzinga
Benzinga
Business
Radhika Anilkumar Nadig

Samsung, SK Hynix Tumble in Seoul as China AI Breakthrough Weighs on AI Infrastructure Stocks

Sk,Hynix,America,Headquarters,In,San,Jose,,Ca,,Usa,-

Seoul-listed shares of Samsung Electronics Co. and SK Hynix Inc. (NASDAQ:SKHY) fell sharply on Monday, extending last week’s sell-off and dragging South Korea’s benchmark KOSPI index lower, as investors continued to assess the implications of China’s latest AI advances.

AI Chip Sell-Off Deepens

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