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SK Hynix Profit Surge Sparks Market Sell-Off | San Francisco News
Published 1 week, 5 days ago
Description
South Korea’s Kospi plunged 8% as chip stocks, led by SK Hynix, crashed despite record profits—highlighting how markets punish companies that miss analyst expectations. Samsung also fell, triggering regional sell-offs across Asia, with Tokyo, Taiwan, and Shanghai all down. This volatility underscores just how interconnected global markets are—and how one tech giant’s stumble can ripple worldwide.
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