WS #12175
SK Hynix plunges 9%, Samsung 7%, China's CSI AI and semiconductor indices down over 3%, tracking US chip losses amid profit-taking and AI spending concerns. Nvidia expands AI partnership with Toyota for smart cities, factories, and traffic intelligence, positive for NVDA. Anthropic targets October IPO with potential $1 trillion valuation, ahead of OpenAI and DeepSeek. Class action lawsuit filed against Microsoft for alleged securities fraud between May 2025 and January 2026.
Asian Tech Rout
SK Hynix plunges 9%, Samsung 7%, China's CSI AI and semiconductor indices down over 3%, tracking US chip losses amid profit-taking and AI spending concerns.
Nvidia expands AI partnership with Toyota for smart cities, factories, and traffic intelligence, positive for NVDA.
Anthropic targets October IPO with potential $1 trillion valuation, ahead of OpenAI and DeepSeek.
Class action lawsuit filed against Microsoft for alleged securities fraud between May 2025 and January 2026.