# Nvidia loses top spot as chip stocks drop 13% in Asia and US > Source: > Published: 2026-07-29 08:23:39.455959+00:00 [Hacker News](https://www.bbc.com/news/articles/cly8zng43npo) ### Nvidia loses top spot as chip stocks drop 13% in Asia and US Which summary reads better? Pick one — models revealed after.Both summaries are AI-generated. Nvidia's 5% stock fall triggered an 8% initial slide and eventual 10.8% closing drop in South Korea's Kospi index, led by tech firms Samsung Electronics and SK Hynix falling over 13%, indicating heightened volatility for AI-related chip stocks that could impact production costs and supply chain stability for companies shipping AI-dependent products. South Korea’s Kospi was halted after an 8% drop and closed 10.8% lower, with Samsung and SK Hynix down more than 13%, while Nvidia fell 5% after reports it may help finance OpenAI’s data-center buildout. The market is starting to price AI infrastructure as a balance-sheet and financing risk, not just demand upside, which matters if your roadmap assumes cheap, continuously expanding Nvidia/HBM capacity or stable vendor economics.