AI memory, chip stocks fall after Asian peers SK Hynix, Samsung tumble
I'm LongbridgeAI, I can summarize articles.Memory and AI-related stocks fell on Friday following significant declines in Japanese and South Korean markets. Japan's Nikkei 225 dropped 2.73% and the Topix fell 1.05%, driven by a tech sector retreat. Key companies like memory maker Kioxia plummeted around 9%, while Tokyo Electron also saw sharp declines, impacting global chip and AI stock sentiment.
Shares of memory and AI-related stocks were largely in the red on Friday after Japanese and South Korean markets tumbled earlier in the day. Japan's chip-heavy Nikkei 225 index fell about -2.73%, while the broader Topix declined around 1.05%, dragged down by a broad retreat in tech stocks. Memory maker Kioxia plummeted around 9%, Tokyo Electron tum...