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Thursday, July 18, 2024
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HomeTechSamsung Elec, SK Hynix shares slide, tracking falls in global chip stocks

Samsung Elec, SK Hynix shares slide, tracking falls in global chip stocks

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SEOUL (Reuters) – South Korea’s major chipmakers Samsung Electronics and SK Hynix fell 1.9% and 3.9%, respectively, on Thursday, following losses in global chip stocks.

Wall Street’s semiconductor index lost more than $500 billion in stock market value on Wednesday in its worst session since 2020 after a report said the United States was considering tighter curbs on exports of advanced semiconductor technology to China.

(Reporting by Ju-min Park; Editing by Kim Coghill)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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