Chip Crisis Deepens: Nvidia and SK Hynix's Decline Shakes Markets

The chip sector turmoil is once again rattling U.S. and Asian markets. Nvidia's financial arrangements with OpenAI and SK Hynix's decline are emerging as critical factors that could shadow the earnings reports of tech companies in the coming quarters.

■Nvidia shares fell by 8% amid concerns over rising competition and financial agreements with OpenAI.

■SK Hynix saw its first major decline since its IPO, dropping more than 10%.

■China's new chip giant CXMT surged 470% on its debut.

■Samsung Electronics and SK Hynix's earnings reports are drawing attention due to the heavy capex by hyperscalers to build AI infrastructure.

■The KOSPI dropped 11%, marking its biggest daily loss in nearly five months.

■The weakening dollar and falling oil prices continue to influence the Federal Reserve's policy decisions.

The declines in the chip sector could negatively impact the earnings reports of tech companies in the coming quarters. The heavy investments by hyperscalers in AI infrastructure are raising concerns in credit markets.