Morning Bid: Chip rout snowballs
28-07-2026 13:01 via rocketnews.com

Morning Bid: Chip rout snowballs

Global semiconductor markets experienced a significant selloff that accelerated overnight, with multiple factors contributing to investor concerns across the sector. Nvidia shares dropped sharply following reports of circular financing arrangements with OpenAI, while shares of South Korean chipmakers SK Hynix and Samsung Electronics declined ahead of their earnings reports. Seoul’s KOSPI index fell nearly 11% on Tuesday, marking its largest daily loss in nearly five months.
The broader ch
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