SK Hynix Drops, Murata Plunges, Tencent Rises
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- A gauge of Asian chipmakers slipped 1%, with SK Hynix dropping 3.8% ahead of this week’s $29 billion US stock-market listing.
- Shares of Asian printed circuit board makers slumped after a report that Nvidia’s next-generation AI server rack system has been delayed by more than a year due to manufacturing difficulties. Shares in Murata fell as much as 10.6%
- Tencent shares rise as much as 5.2% in Hong Kong after JPMorgan said it expects the company’s stock price to rebound thanks to its AI agent launch in Weixin.
See omnystudio.com/listener for privacy information.
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