ChipsCNBC Techabout 2 hours ago
SK Hynix Shares Plunge 10% Amid Tech Rout
2 min read
SK Hynix shares plunged over 10% Thursday as fears of Federal Reserve rate hikes and AI funding worries mounted. The sell-off followed Wall Street losses where the Nasdaq Composite dropped 1.88% to 26,692.87. Analysts warn higher borrowing costs could weigh on AI infrastructure spending.
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