SK Hynix Shares Plunge Most on Record in Deepening Korea Selloff

SK Hynix Shares Plunge Most on Record in Deepening Korea Selloff

July 13, 2026 · 18 min

About this episode

The episode discusses the significant drop in SK Hynix shares amid a broader selloff in Korea, along with insights on AI demand and a lawsuit filed by Apple against OpenAI.

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF.  Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu -Mandeep Singh, Global Head of Tech Research for Bloomberg Intelligence, discusses top tech stories. An AI-fueled stock rout in South Korea spilled over into the US market Monday, as SK Hynix Inc. American depositary shares fell as much as 9.3%. Taiwan Semiconductor Manufacturing Co. reported a 36% jump in quarterly sales, meeting elevated expectations while signaling global demand for AI computing remains intact. -Tamlin Bason, Bloomberg Tech Litigation Analyst, discusses Apple filing a lawsuit against OpenAI, alleging that the company systematically stole its intellectual property by asking former Apple employees to bring information about unreleased products. Apple is seeking monetary damages and an order requiring OpenAI to halt the alleged conduct and destroy any proprietary materials, which could disrupt OpenAI's device ambitions and slow its recruiting pipeline. -Ryan Fisher, Bloomberg BNEF EV Charging Team Leader, discusses how electric-vehicle charging companies are adjusting their merger and acquisition strategies as they strive for…

People in this episode

Hosts: Paul Sweeney, Scarlet Fu

Guests: Mandeep Singh, Tamlin Bason, Ryan Fisher

Topics covered

Keywords

Mentioned in this episode

Organizations: Bloomberg Intelligence, Taiwan Semiconductor Manufacturing Co., Apple, OpenAI

Places: South Korea, Europe

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