Reported about 5 hours ago
Chip stocks experienced a decline after SK Hynix, a major supplier for Nvidia, expressed concerns about semiconductor demand during its earnings call. Despite beating earnings expectations, SK Hynix cited challenges such as inventory adjustments and geopolitical risks impacting memory demand in 2025. This news led to significant declines in various chip stocks, illustrating a split between consumer and AI-related semiconductor markets.
Source: YAHOO