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Korea Bears Brunt as Higher Bond Yields Weigh on Chip Stocks

Bloomberg Markets Wednesday 19 August 2026, 00:42 UTC By Youkyung Lee 1 min read
Key Points

South Korea led a selloff in Asian chip stocks early Wednesday, as rising bond yields exacerbated worry over the large sums of cash being shelled out by Big Tech.

South Korea led a selloff in Asian chip stocks early Wednesday, as rising bond yields exacerbated worry over the large sums of cash being shelled out by Big Tech.
Korea (LOCATION) South Korea (LOCATION) Asian (ORG) Big Tech (ORG)
Originally published by Bloomberg Markets Read original →

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