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Intel, AMD, and Applied Materials Drop 4% as SK Hynix Rout and Oil Spike Hit Chip Stocks

SK Hynix’s 15% plunge and WTI crude above $74 a barrel rattled semiconductor margins and pushed the SOXX ETF down 4%, analysts said.

Summary by 247wallst.com
A surprise profit warning out of South Korea sent shockwaves through the chip sector Monday, and the fallout is hitting equipment makers and AI hardware names in ways that point to a much bigger risk lurking beneath a historic rally.

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Nasdaq futures fall over 1% • After another exchange of blows between the US and Iran, Trump declares: "We will take control of the Strait of Hormuz" • After the Nasdaq IPO this weekend, SK Hynix falls about 10% in early trading • Europe without direction: Energy stocks rise on oil, technology weighs • TSMC profit jumps 70%

SK Hynix falder dumps igenDe asiatiske action falder over and bred kam tirsdag. Markant stinging oil price sender kuldegysninger gennem actionmarkederne efter nye americanske angreb mod Iran. Eskalerin

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Globes broke the news on Monday, July 13, 2026.
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