Broadcom’s stock plunge sends shock wave to Samsung, SK Hynix
The share rout in Seoul was led by chipmakers after disappointing artificial intelligence chip revenue guidance from U.S. company Broadcom. (Photo by Yo Inoue)
SEOUL — South Korean stocks fell as much as 6.9% on Friday at one point, as shares of the market’s two leading companies — Samsung Electronics and SK Hynix — dropped sharply, hit by U.S. chipmaker Broadcom’s $285 billion wipeout in market value overnight.
Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Motorola Solutions stock...
According to an article from the Swiss non-governmental organization (NGO) Public Eye, published on June 2, 2026 on its website, “the Geneva headquarters...
The US Dollar (USD) is down 0.3% to near 159.65 against the...
The secure cash management platform G4S is partnering with the shared branch banking...
Adaptyv Biosystems has closed a USD 40 million Series A round to...
President Donald Trump’s administration has shifted from military might to financial muscle...
Leave a comment