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The Latest Breaking News from SK Hynix Inc

South Korean Hot Stocks SK Hynix, Samsung Tumble as Semiconductor Selloff Spreads From Wall Street to Asia: ETFs You Should Watch

South Korean stocks tumbled Thursday as a broad semiconductor selloff spread from Wall Street to Asia, dragging the benchmark index, Korea Composite Stock Price Index, lower after heavy losses in SK Hynix Inc and Samsung Electronics Co.

Benzinga

China Lockdowns Pose Earnings Risk For Major Industrial Stocks and Autos like Tesla

Industrial firms warned against China's strict COVID-19 curbs, intensifying supply chain disruptions and rising uncertainty about the business outlook, Reuters reports. Even as companies shuffled to keep up with soaring costs of everything from labor to raw materials, the Russian invasion of Ukraine and related Western sanctions drove up energy prices.…

Benzinga

South Korean Chipmaker Weighs Arm Takeover Options

South Korean chipmaker SK Hynix Inc (OTC:HXSCL) CEO admitted to weighing a consortium to acquire British semiconductor company Arm Ltd, Reuters reports citing Yonhap news agency. “I don’t believe Arm is a company that could be bought by one company,” SK Hynix Vice-Chair and co-CEO Park Jung-ho admitted, FX Empire reports. SoftBank Group Corp (OTC: SFTBY) (OTC: SFTBF) looked…

Benzinga

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