
SK Hynix Record Profit Fails to Impress Investors, Affecting Chip Stocks
Despite reporting record profits, SK Hynix failed to impress investors, leading to a decline in its stock and impacting other Asian chip stocks like Nvidia, Micron, and AMD as the AI trade unwound.
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Jim Cramer says Seagate is the ‘key to this market’ after blowout earnings
Jim Cramer said investors should look to Seagate Technology as a barometer of whether the AI infrastructure trade can regain momentum on Wednesday.
Read full article →Asian Chip Stocks Drop As SK Hynix Earnings Disappoint
South Korea’s benchmark KOSPI index plunged sharply for a second day in a row, prompting a trading halt, as key chip stocks were hit by another sell-off.
By Siladitya Ray, Forbes Staff
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