Stock Crash: SoftBank shares tank 13% in Asian trading amidst AI stocks sell-off
Semiconductor testing equipment manufacturer Advantest declined over 8%, while chipmaker Renesas Electronics is down 6% in Asian trading on Wednesday. losses are also led by South Korean giants Samsung Electronics and SK Hynix are also down 6% each. Despite this fall, shares of Samsung are up over 80% year-to-date, while SK Hynix has more than tripled, rising 210%.
Semiconductor testing equipment manufacturer Advantest declined over 8%, while chipmaker Renesas Electronics is down 6% in Asian trading on Wednesday. losses are also led by South Korean giants Samsung Electronics and SK Hynix are also down 6% each. Despite this fall, shares of Samsung are up over 80% year-to-date, while SK Hynix has more than tripled, rising 210%.
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