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Chronicles

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Chip-related stocks in Japan, South Korea, and Taiwan slump after US curbs on China; on October 10, the PHLX index closed at a low not seen since November 2020

Chip-related stocks in Japan, South Korea and Taiwan slumped as traders returning from Monday's holidays reacted …

Bloomberg Naoto Hosoda

Discussion

  • @markc_anderson Mark Anderson on x
    Chip-related stocks in Japan, South Korea and Taiwan slumped, contributing to a wipeout of more than $240bn from the sector's global market value after the US imposed curbs on China's access to semiconductor technology. https://finance.yahoo.com/...
  • @thestalwart Joe Weisenthal on x
    The global chip sector has now lost over $240 billion in market cap, thanks in part due to growing US restrictions on selling to China https://www.bloomberg.com/... https://twitter.com/...
  • @technology @technology on x
    JUST IN: Chipmaker stocks across Asia are plunging, with Taiwan's TSMC sliding more than 7% and Samsung down as much as 3.9%, after US curbs on China https://www.bloomberg.com/... https://twitter.com/...