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SK Hynix shares fell more than 11% on Thursday as a selloff in U.S. chipmakers spread into Asia, pushing semiconductor stocks across the region lower. Asian chip names tumbled broadly, according to reports.
Pressure flows east The selling that hit U.S. chipmakers carried into Asian trading hours on Thursday.
Semiconductor stocks across the region declined as the losses moved east, with SK Hynix absorbing a drop of more than 11%.
The South Korean chipmaker posted the headline figure in a session that saw technology stocks broadly lower across Asia. What drove the move The source of the selling was U.S.
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