Tuesday, 28 July, 2026
Silicon Shakeup: China Rivalry and AI Funding Doubts Trigger Asian Chip Selloff
By TechShots Studio
Asian semiconductor stocks plunged sharply as fears over accelerating Chinese competition—highlighted by advances in domestic lithography technology—rattled investor confidence in the AI boom. Heavyweights like Samsung Electronics and SK Hynix posted historic single-day losses as markets increasingly scrutinize the soaring valuations, high infrastructure financing costs, and long-term profitability of the artificial intelligence rally.
Read full story at REUTERS