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The Daily Newsstand · Free, Always
Tuesday, October 13, 2026

Chip selloff deepens amid AI trade fears, rising Chinese competition

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sefa ozel

A global selloff in semiconductor stocks deepened as concerns over an overheated AI trade, rising financing costs, and intensifying Chinese competition weighed on the sector.

Memory-chip stocks came under particular pressure. South Korea’s SK Hynix plunged 10%, while Samsung Electronics fell 7.4%, with

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