Energy Markets
MORNING BID AMERICAS-Chip dip
Anna Szymanski is the Editor-in-Charge of Open?Interest. U.S. chips stocks made a strong comeback Monday but this momentum was halted on Tuesday as concerns over the durability of AI chip frenzy affected Asian trading. Samsung Electronics''shares' fell by nearly 7% Tuesday, despite a 19-fold increase in its second-quarter operating profits. SK Hynix's shares also dropped, dragging South Korea's chip heavy KOSPI Index down around 5%. Below, I'll go into more detail. Listen to the Morning Bid podcast to hear the market's reaction to Samsung’s stunning results. Subscribe to the Morning Bid daily podcast and hear our journalists discuss all of...