Asian technology stocks dropped significantly following a sell-off in U.S. semiconductor shares, driven by worries over artificial intelligence financing and rising competition. South Korean chipmakers SK Hynix and Samsung Electronics saw their shares fall to their lowest levels since August. Japanese tech stocks, including SoftBank Group and chip equipment suppliers like Tokyo Electron and Advantest, also declined sharply. The sell-off comes as investors weigh warnings from Intel and Broadcom about potential capital access challenges for the AI sector, alongside upcoming U.S. earnings reports and inflation data that could influence interest rate expectations.
Micron Technology, a key player in the semiconductor sector, has a market cap of $1.16 trillion and is experiencing a notable 6.51% decline in price as of Oct 13, 2026 09:21 WIB on Pluang. Trading volume stands at 19,765,706 shares, with a typical hold time of 48 days, reflecting active investor engagement. The dividend yield remains low at 0.06%, and current order activity shows a slight majority of buyers at 57%.
The S&P 500 has risen 14% in 2026, reaching record highs, but this rally is heavily concentrated in a few AI-related chipmakers like Nvidia, Sandisk, and Micron Technology. Over 40% of the index's stocks are actually down this year, with many sectors...
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Shares of Micron, SK Hynix, and Western Digital dropped after Chinese chipmaker ChangXin Memory Technologies (CXMT) announced progress on a denser server memory chip design targeting the lucrative AI-driven market. CXMT aims to launch this new produc...
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SpaceX's $8 billion acquisition of Grain Management's nationwide low-band spectrum caused major telecom stocks like T-Mobile, Verizon, and AT&T to drop sharply due to fears of increased competition. However, experts suggest this sell-off may be an ov...
