US Inflation Shock Triggers Rate Fears; Korean Stocks Slump Nearly 8%, SK hynix Falls Over 10%
A hotter-than-expected US CPI stoked fears of further Fed tightening, triggering a broad selloff in AI and chip names; Korea's KOSPI closed down nearly 8% and SK hynix fell over 10% to its lowest since late April. Rate expectations are driving near-term price action and pressuring high-valuation memory leaders, but fundamentals are intact, so the medium-term impact is neutral.
Impact assessments are model-generated from public coverage, for reference only and not investment advice.