Samsung, SK Hynix Plunge 7% Despite Record Earnings, Triggering Kospi Circuit Breaker
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Samsung and SK Hynix shares have plummeted, triggering a circuit breaker on the Kospi index, despite Samsung reporting a significant surge in quarterly profit. The earnings report appears to have triggered a broader selloff in memory chip stocks, affecting companies such as Micron, Intel, and AMD. The extent of the Kospi index's decline is unclear, with reports varying from a 5% to 7% plunge.
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