Business1 hOctober 13, 2026, 12:05

Global chip sell-off deepens after Broadcom CEO likens AI investing to a casino

A global chip stock sell-off deepened after Broadcom's CEO compared AI investing to a casino. Samsung fell as much as 8.8%, SK Hynix 9.2% and Micron 4%, dragging the Kospi sharply lower.

Techmeme

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Global chip sell-off deepens after Broadcom CEO likens AI investing to a casino

Samsung dropped as much as 8.8%, SK Hynix 9.2%, Micron 4%
Samsung and SK Hynix declines dragged the Kospi sharply lower
Broadcom CEO likened AI investing to a casino

#Broadcom#Samsung#SKhynix#Micron

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Hardware

Global chip sell-off deepens after Broadcom CEO likens AI investing to a casino

Kospi posts worst quarterly performance globally, down 18.8% on Samsung and SK Hynix sell-offs

Intel CPU Prices Climbed 30% as AI Seized Global Memory Production

NOR Flash and SLC NAND face severe undersupply as capacity shifts to AI memory

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