
Semiconductor sector loses $1T as Nvidia–SK Hynix deal unveiled

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The semiconductor sector lost $1 trillion following a market rout triggered by strong U.S. jobs data and weak Broadcom results, heavily impacting AI-linked ETFs. Concurrently, Nvidia and SK Hynix announced a strategic partnership to co-develop advanced memory for Nvidia's Vera processors, aiming to secure supply chains. Despite the selloff, analysts maintain that long-term AI infrastructure spending remains robust, suggesting potential recovery for key players.

