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CNBC Tech

Nasdaq sell-off batters Asian chip stocks as SK Hynix, Samsung, Softbank tumble

Friday, November 6, 2026


Asian technology stocks declined Friday following a sharp sell-off on Wall Street that sent the Nasdaq Composite into correction territory overnight. SK Hynix, Samsung, and SoftBank were among the stocks that fell. The Nasdaq Composite dropped more than 10 percent from its recent high, meeting the technical definition of a correction.

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