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0 0.0131690739167374 0.00297366185216639 0.00297366185216639 0.00764655904842819 0.0038232795242141 0.0343033135089209 0.0575615972812233
Stock impact report

Iran war: South Korean lawmaker flags risks to chip industry [Seeking Alpha]

GlobalFoundries Inc. (GFS) 
Company Research Source: Seeking Alpha
higher, a South Korean lawmaker warned on Thursday, according to multiple media reports. "The semiconductor industry expressed concerns that rising oil prices could lead to higher Know What's Moving Markets—Before the Bell Get early insights, stock movers, and expert takeaways delivered daily. Subscribe to Morning Briefing. Sign Up Quick Insights The conflict could disrupt the supply of key materials from the Middle East, impacting chip production. Rising oil prices could increase domestic electricity costs, undermining price competitiveness of South Korean semiconductors. Some like SK Hynix report diversified supplies and inventory, downplaying concerns; others, like Samsung, declined comment; Taiwan Semiconductor and GlobalFoundries have monitoring and mitigation measures. More Trending News Show less Read more
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