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The selloff hit several chip names. Intel fell 3.3%, while Marvell Technology dropped 4.5% amid broader weakness in the sector. The pressure came after a sharp fall in Asian chip stocks earlier in the day, led by Samsung Electronics and SK Hynix. Samsung shares tumbled 6.9% in Seoul even after the company forecast a 19-fold jump in second-quarter operating profit. The numbers beat expectations and...
Micron, Intel shares crash up to 8% as Samsung fails to calm concerns over AI | Huntaegis