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Asian chip stocks fall after Nvidia sell-off on Wall Street overnight

People walk past the logo of Samsung Electronics in Seoul on July 7, 2022. South Korea's Samsung Electronics Co Ltd turned in its best April-June profit since 2018 on Thursday, underpinned by strong sales of memory chips to server customers even as demand from inflation-hit smartphone makers cools.

Nvidia's value chain extends to South Korea, namely, memory chip maker SK Hynix and conglomerate Samsung Electronics.

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