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المشهد العربي
Asian tech stocks decline due to US impact
Asian technology stocks declined significantly during Wednesday’s trading session, due to weak performance in the semiconductor sector on Wall Street and geopolitical tensions in the Middle East, resulting in notable market losses. South Korea’s SK Hynix was affected; despite recording record profits and revenues, it faced losses exceeding 15% before reducing the decline to 9.61%. Samsung Electronics' shares also fell by more than 5%. The KOSPI index dropped by 5.98%, and the Japanese Nikkei index decreased by 1.49%, as investors awaited earnings reports from major American tech giants like Microsoft and Amazon.
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