People walk past the logo of Samsung Electronics in Seoul on July 7, 2022.
Global semiconductor and associated stocks fell on Wednesday, following a steep plunge in Nvidia's share price in the U.S. overnight.
In the U.S., chipmaker Nvidia plunged more than 9% in regular trading, leading semiconductor stocks lower amid a sell-off on Wall Street.
Around $279 billion of value was wiped off of Nvidia on Tuesday, in the biggest one-day market capitalization drop for a U.S. stock in history.
Nvidia's value chain extends to South Korea, namely, memory chip maker SK Hynix and conglomerate Samsung Electronics.
Organizations:
Samsung Electronics, Samsung Electronics Co, Nvidia, Bloomberg, Department of Justice, Facebook, SK Hynix
Locations:
Seoul, South, U.S, South Korea