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Finance / General

Asian tech stocks drop with SK Hynix plunging 10% after Wall Street AI names fall

Source: cnbc August 5, 2026 · 22:27
Asian tech stocks drop with SK Hynix plunging 10% after Wall Street AI names fall
Photo by Adriano Ponte Abreu · Pexels
From the publisher
Despite heightened volatility analysts remain optimistic over the outlook of the tech sector, with J.P. Morgan saying the tech sell-off had not derailed the AI investment cycle.
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CNBC

The Consumer News and Business Channel (CNBC) is an American business news channel owned by Versant. The network broadcasts live business news and analysis programming during the morning, daytime business day, and early-evening hours, with the remaining hours filled by business-related documentaries and reality television programming, as well as occasional sports presentations from USA Sports. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and…

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