Asian share markets fell sharply on Friday 6 Nov after a steep sell-off in US technology stocks the previous day. Tokyo's Nikkei 225 dropped 5.5% early, Seoul's Kospi fell as much as 8.8% and triggered a 20-minute trading halt, and Taiwan's TAIEX lost more than 8%. US Nasdaq fell 5.52% and the S&P 500 fell 4.4% on Thursday, wiping out about $2.5 trillion in tech market value. Earlier, on 4 Nov, markets had reacted to early US midterm results pointing to Democrats taking the House and possibly the Senate. Brent crude fell to $103.54 a barrel and WTI to $96.04.
SK Hynix
3 stories since 29 October 2026, newest first
4 November 2026
1 November 2026
Sam Altman, CEO of OpenAI, says that storing large amounts of DRAM in personal devices is inefficient because the memory is active only about five percent of the time. He argues that cloud data centres should be fully utilised given global supply constraints. Altman notes that OpenAI and partners have secured roughly 40 % of the world’s RAM output through long‑term agreements with manufacturers such as Samsung and SK Hynix, contributing to higher prices for laptops, phones and other electronics.
29 October 2026
SK hynix reported third-quarter operating profit of US$62.8bn, up 632% on the year, marking six straight quarters of record revenue and operating profit. Asian technology shares surged after the results, with investors citing renewed optimism about artificial intelligence demand. Separately, Anthropic reported first-half revenue growth of about 1,300% in its IPO filing, and Broadcom, Citi, Blackstone and Morgan Stanley announced a US$63bn financing structure for the company. Markets were also awaiting the Federal Reserve's policy decision.