Markets

Nasdaq sell-off batters Asian chip stocks as SK Hynix, Samsung, Softbank, TSMC tumble

Summary

Asian technology shares suffered heavy losses on Friday following a severe sell-off on Wall Street. The downturn dragged the Nasdaq Composite down into correction territory, leading to significant declines for major regional chipmakers and tech companies.

Asian technology stocks tumbled Friday, tracking a sharp sell-off on Wall Street overnight that sent the tech-heavy Nasdaq Composite into correction territory.

Source: Read the full story at US Top News and Analysis

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