Asia Equities Mostly Decline on AI Concerns
- Investing
Peter Lynch- 0
- 8 minutes read
Asia-Pacific equities mostly declined, as a pullback in U.S. chip stocks fueled concerns about the longevity of artificial-intelligence enthusiasm and weighed on chip-heavy
South Korea.
The highly volatile South Korean equities market, home to chip makers SK Hynix
000660
decrease; down pointing triangle and Samsung Electronics 005930 , erased much of its Wednesday gains and slipped into a bear market, which refers to a decline of at least 20% from a recent high.
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