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SK Hynix shares plunge 10% amid Asia tech rout as Fed rate hike fears, AI funding worries mount

SK Hynix shares slide 10% amid Asian hardware sell-off and AI spending doubts

By GPU Data Hub Desk · GPU Data Hub·Editorial standards··South Korea

Shares in memory chipmaker SK Hynix fell by 10 per cent amid a broad sell-off across Asian technology hardware equities. Market sentiment was dampened by mounting concerns regarding capital allocation for artificial intelligence projects alongside fears of prospective US interest rate increases. The drop highlights growing sensitivity around hardware valuations and compute expenditure sustainability.

Original source

This summary was written by the GPU Data Hub desk from reporting published by CNBC Technology on 15 Oct 2026, 01:07. Read the full article at the original publisher.

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