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Korean Chip Stocks Sink on Chinese Rival Worry, Broadcom Remarks

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4 Articles

vz.lt

Asian Stock Indexes Fall, with Semiconductors Under the Most Pressure

Major Asian stock indexes fell on Tuesday morning, with semiconductors under the most pressure. Hock Tan, the CEO of Broadcom, said on Monday that the artificial intelligence (AI) boom has attracted investors whose behavior resembles the strategy of gamblers in a casino.

7 hours ago

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arvopaperi.fi

Chinese Competition Weighs on Korean Chip Giants

Wall Street is expected to open mostly lower. Many financial giants will publish their interim reports today.

9 hours ago

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Startup Fortune

Chip Stocks Slide Across Asia After Hock Tan's Casino Remark Lands

South Korea's Kospi sank over 6% and Japan's Nikkei fell nearly 3% on October 13, with SK Hynix and Samsung hit hardest as Chinese rival CXMT's DRAM market share climbs toward 10%.

9 hours ago

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