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Following a sharp selloff in recent months, the South Korean memory-chip company says current share prices don't reflect the business's "intrinsic value."
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Asian stocks slump as chip selloff deepens; KOSPI plunges 5% Investing.comAsian Stocks Set for Losses as Bond Jitters Linger: Markets Wrap Bloomberg.comShares fall in Asia, with Kospi down 5.2%, while oil prices jump Yahoo FinanceKRX activates sell-side sidecar for KOSPI on sharp fall Yonhap News AgencySK Hynix Stock Drops 7.82% in Seoul as KOSPI Suffers Brutal Rout: Brent Above $90, Trump Rules Out Iran Talks Benzinga
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Stock futures are little changed as tech slips, oil prices rise: Live updates CNBCTech selloff weighs down Wall Street as bond yields climb ReutersGlobal bond sell-off pressures stocks: AlphaCheck Yahoo FinanceStocks and Bonds Find Respite After Days of Strain: Markets Wrap Bloomberg.com
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 U.S. investors have ramped up investments in growth funds over the past few months on expectations of higher returns and safety, while they dumped value funds despite cheaper prices after this year's pandemic-linked selloff.
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