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Nvidia Signs New Memory Chip Deal But Samsung and SK Hynix Stocks Are Crashing
MarketWatch·Monday, 8 June 2026
Nvidia announced a fresh deal for memory chips, but that wasn't enough to save South Korean chipmakers Samsung and SK Hynix from a brutal day of selling. The Kospi — South Korea's main stock index — is heading for sharp losses as AI excitement cools globally. Investors are questioning whether the AI chip boom has already peaked.
Why It Matters
The AI chip trade has been one of the biggest market stories of the last two years. When major chipmakers start falling, it signals that investors think AI spending may slow down.
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