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Finance
KODEX US Semiconductors adds SK hynix ADR
Samsung Asset Management’s KODEX US Semiconductors exchange-traded fund has added SK hynix American depositary receipts after a regular change to its underlying index. The company said the inclusion follows the September rebalancing of the MVIS US Listed Semiconductor 25 Index, with an estimated weight of about 4.8 percent. SK hynix ADRs joined the index about two months after listing on Nasdaq on July 10.
AI & Enterprise
Truth behind chip stock fall from China AI models
Chinese AI startups are stepping up challenges to OpenAI and Anthropic, with models such as DeepSeek V4, Z.ai’s GLM 5.2 and Moonshot AI’s upcoming open-source Kimi K3 drawing attention. The Kimi K3 announcement coincided with sharp falls in U.S.-listed chip and AI infrastructure-related shares, including Nvidia and Micron. The moves have fuelled questions over whether demand for expensive AI hardware will meet expectations as efficient, open-source Chinese models gain share.
AI & Enterprise
U.S. chip stock selloff spreads to Asia, SoftBank slides 8 percent
Japanese technology shares fell sharply as a selloff in U.S. semiconductor stocks spread across Asia, CNBC reported on Thursday. SoftBank dropped 8.8 percent, while Tokyo Electron fell 9 percent and Advantest slid 9.4 percent. Kioxia sank more than 14 percent after a Texas federal jury found infringement of Viasat memory technology patents and ordered $229 million in damages. South Korean markets were shut for a holiday.