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Tuesday, October 20, 2026Updated 06:10 UTC

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Global Market Today: Asian stocks decline in break from US chip rally

Source: Economic Times · Oct 20, 2026 01:31 UTC

Rows of NASA Pleiades supercomputer racks at Ames Research Center — File photo NASA / Dominic Hart · Public domain · Source

The Quick Take

Losses were led by a more than 2% drop in South Korea’s Kospi Index — a bellwether for artificial intelligence investments — as chip heavyweight SK Hynix Inc. headed for its lowest close since April. Data-center infrastructure company Elice Inc. plunged as much as 32% in its trading debut in Seoul.

Read the full story at Economic Times

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