Samsung Elec, SK Hynix shares slide, tracking falls in global chip stocks

SEOUL (Reuters) – South Korea’s major chipmakers Samsung Electronics (KS:) and SK Hynix fell 1.9% and 3.9%, respectively, on Thursday, following losses in global chip stocks.

Wall Street’s semiconductor index lost more than $500 billion in stock market value on Wednesday in its worst session since 2020 after a report said the United States was considering tighter curbs on exports of advanced semiconductor technology to China.