Business
Monday, 6/29, 02:38 AM
Samsung and SK Hynix Slide as a $1.3 Trillion Chip Bet Spooks Investors
- Shares of South Korea's two memory-chip giants fell after reports that Samsung Electronics and SK Hynix plan to spend a combined sum approaching $1.3 trillion over the next decade — a staggering AI-era bet that left investors worried about overcapacity rather than cheering.