Samsung and SK Hynix Fall Sharply on AI Regulation Concerns as Gold Rises Above $4,130.
South Korean chipmakers slide as investors worry tighter US regulations could slow new data centre projects.
However, analysts expect limited impact on ongoing investments, existing supply contracts and earnings.
Meanwhile, gold jumps over 1.7% to $4,130 per ounce as US Treasury yields decline. Silver also gains.
$SAMSUNG $SKHY
South Korean chipmakers slide as investors worry tighter US regulations could slow new data centre projects.
However, analysts expect limited impact on ongoing investments, existing supply contracts and earnings.
Meanwhile, gold jumps over 1.7% to $4,130 per ounce as US Treasury yields decline. Silver also gains.
$SAMSUNG $SKHY