Futures Slide As Tech Tumbles, Korea Crashes
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Source: Zero Hedge
Published: 2026-06-23 21:59 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Culture & Entertainment, Middle East, Asia, South Korea, Iran, Technology & AI, Energy, Economy & Finance, China, Financial Markets, Labour & Workers, Trade & Sanctions, Commodities, Media, Business & Economy, Asia Pacific, Technology
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Snippet:
US equity futures are sharply lower as a Semis/South Korea-induced selloff has spread globally slamming tech stocks and pushing SpaceX 3% lower and below its first day of trading price of $150. Nasdaq stocks lead sentiment and early trading lower with AI cost concerns back in focus, as Bloomberg notes that traders are pointing to a South Korean media report we first highlighted at 8pm last night, saying SK Hynix is slowing expansion of AI memory chip production and shifting
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