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SK Hynix and SoftBank shares plunge amid Asian chip stock selloff

Original: SK Hynix, SoftBank shares plunge as tech stocks in Asia track Wall Street chip sell-off

Shares in SK Hynix and SoftBank fell sharply as technology stocks across Asia tracked a Wall Street selloff in semiconductor companies. The decline hit major chip and tech names across the region, extending losses that began in US trading, as investors reassessed valuations in the semiconductor sector.

Why now: Investors are reacting to a US chip-sector selloff spilling over into Asian markets.

SK HynixSoftBankWall Street

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