Kospi Forward P/E Hits 26-Year Low as AI Chip Doubts Deter Buyers
KED Global reported that the Kospi's forward P/E fell to its lowest level in 26 years as doubts over AI chip demand kept investors cautious on memory names led by SK Hynix. The valuation compression reflects concerns about the durability of the AI memory boom; a sentiment recovery could lift multiples, but near-term flows remain weak, making the read-through for SK Hynix neutral to slightly negative.
Impact assessments are model-generated from public coverage, for reference only and not investment advice.