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International Business Times
International Business Times
Business

South Korean Semiconductor Shares Plunge As Rout Continues, Pressuring U.S. Chipmakers Further

Semiconductor Nvidia Apple CNBC
South Korean semiconductor companies plunged on Tuesday, extending the rout chipmakers have been going through the past sessions. (Credit: Getty Images)

South Korean semiconductor companies plunged on Tuesday, extending the rout chipmakers have been going through the past sessions.

SK Hynix fell almost 15%, while Samsung Electronics did so by more than 13%. CNBC noted that other AI-related names also fell at the end of the trading day. Japanese and European companies had a similar fate.

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