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Asian chip stocks tumble Friday following Nasdaq sell-off, SK Hynix, Samsung, Softbank, TSMC drop

Asian chip stocks tumble Friday following Nasdaq sell-off, SK Hynix, Samsung, Softbank, TSMC drop

Shares of major Asian semiconductor firms experienced a decline on Friday, mirroring a significant downturn that occurred on Wall Street the previous night, an event which pushed the Nasdaq…

Shares of major Asian semiconductor firms experienced a decline on Friday, mirroring a significant downturn that occurred on Wall Street the previous night, an event which pushed the Nasdaq Composite, heavily weighted toward technology, into a corrective phase.

Among the notable companies affected, SK Hynix, Samsung, Softbank, and TSMC all saw their stock values drop.

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View original sourcecnbc.com

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