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SK Hynix sinks below US IPO price as AI doubts batter Korean chip stocks

in5points
  1. SK Hynix fell below its $149 US offer price.

  2. Samsung sank as much as 9.5%.

  3. Doubts over AI spending and China's chip advances dragged the KOSPI lower.

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Mukesh Ambani

Network18

Reliance Industries (Mukesh Ambani)

Wikipedia: Mukesh Ambani