Sk Hynix shares open down 11% on AI chip concerns
ReutersJan 31, 2025 12:23 AM
Jan 31 (Reuters) - Shares in South Korea's SK Hynix tumbled 10.9% at Friday's opening with stocks in the semiconductor maker hit by a slide in the U.S. Artificial Intelligence sector on concerns about the impact a low-cost Chinese AI model DeepSeek.
Hynix is a major supplier of high-end AI chips for U.S. giant Nvidia.
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