WS #11229
Samsung and SK Hynix crash up to 14% after Meta's reported plans to sell excess compute capacity spark fears of AI capacity oversupply, dragging the Kospi down 8%. EU Court of Justice upholds €4.1 billion fine against Google for Android antitrust violations, a negative for GOOGL. Apple's hardware leadership is reportedly fleeing to OpenAI, threatening Apple's position as the dominant AI gateway and signaling a talent war.
AI Chip Selloff on Meta Oversupply Fears
Samsung and SK Hynix crash up to 14% after Meta's reported plans to sell excess compute capacity spark fears of AI capacity oversupply, dragging the Kospi down 8%.
EU Court of Justice upholds €4.1 billion fine against Google for Android antitrust violations, a negative for GOOGL.
Apple's hardware leadership is reportedly fleeing to OpenAI, threatening Apple's position as the dominant AI gateway and signaling a talent war.