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Samsung Electronics, SK Hynix shares tumble over 7% as chip rout spreads from Wall Street
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- Shares of Samsung Electronics and SK Hynix plummeted more than 7% in early Thursday trading, dragging down South Korea's benchmark Kospi after the tech-heavy Nasdaq Composite slumped overnight.
- Samsung Electronics tumbled more than 7% while SK Hynix sank over 9% at the open, wiping out billions in market value as Asia's largest chipmakers bore the brunt of the global tech selloff.
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Shares of Samsung Electronics and SK Hynix plummeted more than 7% in early Thursday trading, dragging down South Korea's benchmark Kospi after the tech-heavy Nasdaq Composite slumped overnight.
Samsung Electronics tumbled more than 7% while SK Hynix sank over 9% at the open, wiping out billions in market value as Asia's largest chipmakers bore the brunt of the global tech selloff.
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