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BusinessOctober 13, 2026, 09:11

Asian tech stocks plunge: SK Hynix down 8%, SoftBank falls 8.8%

A sell-off in U.S. semiconductor shares spilled into Asia, with SK Hynix dropping more than 8%, Samsung Electronics losing 6.7% and SoftBank Group falling 8.8%. Worries over AI financing and rising competition from China's CXMT dented sentiment.

Asian tech stocks plunge: SK Hynix down 8%, SoftBank falls 8.8%
#SKHynix#Samsung#SoftBank#Micron
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