Shares of SK Hynix, a major supplier to Nvidia Corp., plummeted by 9.9%. Another tech giant, Samsung, lost 2.4%. Australia’s S&P/ASX 200 advanced 0.5% to 8,532.30. In Bangkok, the SET was down 0.9%.
Samsung Electronics said Friday its operating profits surged 129.85 percent year-on-year in the fourth quarter of 2024, but fell from the previous quarter as it struggled to meet demand for chips used ...
SK Hynix's shares slumped, hit by the shock from Chinese artificial-intelligence startup DeepSeek as stock trading resumed in South Korea after a four-day holiday.
Samsung Electronics Co.’s pivotal chip division reported a smaller-than-expected profit as the company fights to close the ...