Yonhap Infomax NewsShares of Samsung Electronics and SK Hynix plunged after the US revoked their China plant export privileges, raising concerns that restrictions could backfire on US Big Tech by disrupting memory chip supply and driving up prices.
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Trump Triggers Sharp Selloff in Samsung, SK Hynix—Policy May Backfire on US Big Tech
Shares of Samsung Electronics and SK Hynix plunged after the US revoked their China plant export privileges, raising concerns that restrictions could backfire on US Big Tech by disrupting memory chip supply and driving up prices.