SK Hynix slumps ahead of US listing as AI chip rout deepens
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SK Hynix's stock has declined ahead of its US listing, amid a broader downturn in the AI chip sector. The slump in chip stocks appears to be linked to concerns that the AI boom may be slowing, with some major companies' earnings falling short of expectations. The impact on the sector is unclear, with some stocks selling off while others are rebounding.
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