Samsung, SK hynix Plunge on US CPI Shock and AI Fears
A hotter-than-expected US CPI print triggered a global tech selloff, sending Samsung Electronics and SK hynix down 5% and 6% in premarket trading. SK hynix's market cap fell below ₩1,000tn and the KOSPI retreated to 5,700. Fears of sticky inflation delaying rate cuts pressured richly valued chip stocks. The near-term hit from sentiment and outflows is clear, but the medium-term impact may be limited if AI demand holds up.
Impact assessments are model-generated from public coverage, for reference only and not investment advice.