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SK Hynix shares plunge 10% amid Asia tech rout as Fed rate hike fears, AI funding worries mount

High-tech robot toy with a gray background in studio lighting.
Illustrative photo.Photo by Pavel Danilyuk on Pexels

What happened

A sell-off in global technology hardware stocks deepened Thursday. SK hynix is a semiconductor company based in Icheon, founded in 1983.

Sources & evidence