# Chipmakers Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Chipmakers", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Bitcoin Rose to $64,000 as Record Chip Plunge in Korea Left Cryptocurrency Unscathed

Bitcoin rose 1% to around $63,800 on Wednesday, even as Asian stock markets experienced one of their worst periods this year. This marked the second time in a week that the cryptocurrency weathered a sharp downturn in AI-related trading. Ethereum, XRP, and BNB also saw gains, while Hyperliquid's HYPE token fell. The stock market damage was concentrated in chipmakers. South Korea's index plunged 11% following an 11% drop the previous day, a record two-day decline. Shares of SK Hynix fell around 17% despite reporting a 557% surge in quarterly profit, which still missed high expectations. Samsung shares also dropped 12% on Thursday. While cryptocurrencies have recently moved in tandem with these tech stocks, this correlation has broken twice recently. Bitcoin barely weathered a sell-off in major tech stocks last week and rose this week amid the chip slump, suggesting a potential shift worth monitoring, though not yet a proven decoupling. Bitcoin briefly dipped below $63,000 after the U.S. Senate delayed a key crypto market structure bill. Market focus now turns to the Federal Reserve's rate decision, with markets pricing in a low probability of a hike, followed by upcoming PCE inflation data, Q2 GDP figures, and another round of big tech earnings.

cryptonews.ru07/29 10:11

Bitcoin Rose to $64,000 as Record Chip Plunge in Korea Left Cryptocurrency Unscathed

cryptonews.ru07/29 10:11

Sliders from Samsung and SK Hynix — An Early Risk Indicator for Bitcoin Traders

Shares of South Korean chipmakers Samsung and SK Hynix plummeted over 10% this week, dragging Seoul's Kospi index to a three-month low. This sell-off drew close attention from Bitcoin traders, as these semiconductor stocks are now viewed as an early indicator of broader market sentiment. The sharp declines in Seoul often impact US tech stocks ahead of the Wall Street opening, and Bitcoin has frequently traded in sync with AI-related equities. Despite SK Hynix later reporting a staggering 1242% surge in quarterly profit, its shares continued to fall, with both companies down roughly 33% and 41% over the past month. Analysts suggest the sell-off is driven by growing uncertainty over the pace of AI investment sustainability and rising competition from Chinese semiconductor firms, rather than weak chip demand. For crypto markets, this relationship is critical. Sentiment-driven sell-offs in these key tech stocks can spread to risk assets like Bitcoin. If investor interest in these chipmakers stabilizes, it could signal a return of risk appetite. Upcoming earnings from Samsung and major US tech giants like Microsoft and Meta will provide further clarity on whether this week's volatility is a temporary shift or the start of more significant market changes affecting Bitcoin's trajectory.

cryptonews.ru07/29 07:01

Sliders from Samsung and SK Hynix — An Early Risk Indicator for Bitcoin Traders

cryptonews.ru07/29 07:01

Bitcoin Drops 3% Following 10% Crash of South Korea's Kospi Index

Asian stock markets plummeted, with South Korea's Kospi index falling 10%, hitting its lowest level since mid-April. Bitcoin came under pressure following the U.S. market close, dropping from $65,000 to $63,200 and dragging down the broader crypto market, including Ethereum, XRP, and Solana. This ended a brief period of stability seen earlier in the week. The U.S. Senate delayed a key crypto regulatory bill (CLARITY Act) to prioritize a Russia sanctions bill, pushing the vote to next week. Analysts note Bitcoin is trading similarly to stocks under macroeconomic stress. Market volatility is expected to increase mid-week with the Federal Reserve's interest rate decision on Wednesday and key U.S. economic data on Thursday. On-chain data shows signs of Bitcoin accumulation, with withdrawals from exchanges and miner holdings seen as bullish signals. The market remains in a neutral-bullish zone.

cryptonews.ru07/28 09:23

Bitcoin Drops 3% Following 10% Crash of South Korea's Kospi Index

cryptonews.ru07/28 09:23

Nasdaq Plummets 4% Overnight, $1.3 Trillion Evaporated, U.S. Stocks Suffer Triple Blow

A severe market correction hit US stocks on June 5th, with the Nasdaq plunging 4.18%, erasing $1.3 trillion in chip stock value. The sell-off was triggered by three simultaneous factors. First, Broadcom's earnings report, while showing strong AI chip revenue growth of 143%, provided a Q3 AI revenue forecast that fell short of the most optimistic analyst expectations, casting doubt on the 'infinite AI growth' narrative and sparking a sector-wide rout. Second, a much stronger-than-expected May jobs report (172k vs. 80k expected) significantly increased market bets on a potential Federal Reserve rate hike instead of a cut, putting pressure on high-valuation tech stocks. Third, persistent high oil prices due to the ongoing Iran war and Strait of Hormuz disruption continue to fuel inflation concerns, limiting the Fed's policy options. The combined effect attacked the core market pillars of boundless AI growth and expected monetary easing. While the暴跌 represents a significant valuation repricing, the underlying AI demand remains strong. The market's direction now hinges on the upcoming Fed meeting, further AI company guidance, and developments in the Iran conflict.

marsbit06/06 03:00

Nasdaq Plummets 4% Overnight, $1.3 Trillion Evaporated, U.S. Stocks Suffer Triple Blow