NewsMeter
SK Hynix's near-15% plunge is the figure anchoring Tuesday's deepening semiconductor sell-off.
Micron and Nvidia fell in premarket trading, extending a rout in chipmakers that followed another weak session on Wall Street. The session sequence The pressure spans consecutive trading days.
Semiconductor stocks logged a weak session on Wall Street before Tuesday's open, and SK Hynix's near-15% plunge sharpened the move in premarket hours.
Micron and Nvidia dropped alongside it, spreading the selling across multiple named chip companies. Scope of the moves SK Hynix's near-15% plunge is the only specific magnitude the source reporting provides.
Keep reading