Geopolitics Alpha

Asia stocks slide as AI jitters hit Korean chipmakers

Published . Updated .

Covered by 2 outlets: Yahoo Finance, Investing.com.

Who covered it: Center 2. How we rate outlets

Asia stocks slide as AI jitters hit Korean chipmakers

Investing.com -- Asian stocks fell on Thursday as mixed earnings from major U.S. technology companies failed to reassure investors about the returns on massive artificial intelligence investments, renewing pressure on semiconductor shares and Chinese equities.

Directly affected

  • ON On Semiconductor+7.4%

    Named in this report.

Indirectly affected

  • NVDA NVIDIA+5.2%

    Chip makers and their suppliers move when export rules or Taiwan risk changes

  • TSM Taiwan Semiconductor+3.2%

    The main advanced-chip manufacturer sits in Taiwan

  • ASML ASML-0.3%

    Chipmaking-equipment sales follow export rules

  • AVGO Broadcom-6.4%

    Chip makers and their suppliers move when export rules or Taiwan risk changes

  • AMD AMD+9.7%

    Chip makers and their suppliers move when export rules or Taiwan risk changes

  • AMAT Applied Materials-12.6%

    Chip-equipment makers feel export controls

  • LRCX Lam Research-4.7%

    Chip-equipment makers feel export controls

  • SMH VanEck Semiconductor-0.7%

    A fund of semiconductor companies

  • SOXX iShares Semiconductor-1.4%

    A fund of semiconductor companies

  • QQQ Invesco QQQ

    Big tech moves with chip-supply risk

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
ON———————
NVDA———————
TSM———————
ASML———————
AVGO———————
AMD———————
AMAT———————
LRCX———————
SMH———————
SOXX———————
QQQ———————

Market Call

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Asia stocks slide as AI jitters hit Korean chipmakers Yahoo Finance

Source: Yahoo Finance

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

How solid the semiconductors case looks

25 out of 100

“Asia stocks slide as AI jitters hit Korean chipmakers” scores 25 out of 100. The score uses 2 sources.