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Asian Stocks Slide 10% From June Peak, Head for Correction Amid Chipmaker Selloff
Asian stocks slumped, with the regional benchmark sliding 10% from its June peak, putting it on course for a technical correction. The decline was deepened by a selloff in chipmakers.
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Asian Stocks Slide 10% From June Peak, Head for Correction Amid Chipmaker Selloff
Asian stocks slumped, with the regional benchmark sliding 10% from its June peak, putting it on course for a technical correction. The decline was deepened by a selloff in chipmakers.
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SK Hynix's third-quarter operating profit exceeded expectations, primarily driven by strong demand for AI chips, and the company also announced a share buyback.
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