Shares in Asian chip firms plunge further as AI sell-off continues

Drop comes after South Korean company SK Hynix’s results undershot investors’ expectations Business live – latest updates Shares in companies linked to AI have plunged further after disappointing results from the South Korean chipmaker SK Hynix, sending the country’s stock market tumbling for the second day in a row.

Wall Street was mixed in early trading Tuesday with chipmakers getting hit the hardest again after a huge sell-off in South Korea