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Chip Sell-Off Drags Asian Markets | Tulsa News
Asian markets tumbled today as chip stocks led the slide, with SK Hynix, Samsung, and TSMC all falling — echoing U.S. chipmakers like Micron and Intel. Concerns over AI-driven oversupply loom large, as massive investments may outpace demand. Oil prices also dipped amid hopes for peace and reopened shipping routes, pushing crude below pre-war levels. Still, Hong Kong’s Hang Seng rose thanks to BYD’s strong sales, and India’s Sensex edged up. The U.S. dollar weakened against the yen after its four-decade low, while the euro gained slightly against the dollar. Listen in comfort:Get a discount on…
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