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Semiconductor giants are losing money on every chip as historic glut threatens to wipe out earnings

Intel, Samsung, Micron and others are being hit by one of the worst chip routs ever, as inventories more than triple to record levels.

United statesSouth koreaSouth koreanShin jinhoGreg rohTim archerSanjay mehrotraKioxia holdings corpSamsung electronics coMidas international asset managementLam research corpDigital corpIntel corpMidas international assetWestern digital corpMicron technology

Historic crash for memory chips threatens to wipe out earnings

Shares in Samsung fell as much as 2.3% Monday morning, in its biggest intraday fall in 12 days. SK Hynix fell 1.6%.

South koreaSouth koreanShin jinhoAvril wuGreg rohTim archerSanjay mehrotraKioxia holdings corpSamsung electronics coMidas international asset managementDigital corpMicron technology incSk hynix incLam research corpIntel corpSamsung electronics

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