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Nvidia Deal Affects Chip Market

Updated 2026-06-08 02:00 UTC 1 source Negative

Nvidia secured a new memory-chip deal, but South Korean tech stocks like SK Hynix and Samsung faced heavy selling pressure. The AI trade is cooling, leading to declines in the Kospi index.

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MarketWatch

Nvidia strikes a new memory-chip deal — but SK Hynix and Samsung shares are under heavy pressure

South Korea’s once-hot Kospi index is headed for another day of sharp declines as the AI trade loses steam.

2026-06-08 01:42 UTC