AI Semiconductors See Mass Collapse in Asia...How Far Will SK Hynix Fall?

▲ Domestic stock market, Samsung Electronics, SK Hynix, semiconductors, bear market/AI generated image

AI semiconductor stocks collapsed en masse in Asian markets. SK Hynix plummeted over 10%, and Samsung Electronics and major Japanese semiconductor stocks also fell in a row.

According to CNBC, a US economic media outlet, on July 29 (local time), SK Hynix fell 10.9% during the trading day, and Samsung Electronics dropped 9.5%. The KOSPI fell 7.3% during the trading day due to the concurrent sharp decline of major semiconductor stocks.

The selling pressure spread across domestic AI-related and component stocks. Samsung SDI fell over 7%, and LG Innotek plummeted approximately 14%. Seoul Semiconductor dropped about 6%, and LG Chem fell over 4%.

Japanese semiconductor stocks were also hit hard. Tokyo Electron fell over 9%, and Advantest dropped more than 8%. Kioxia plummeted over 15%. SoftBank Group, considered a stock reflecting AI investment trends due to its stake in Arm, also fell about 5%.

The sell-off in Asian semiconductor stocks followed the bearish trend seen earlier in the US stock market. AMD fell 5%, Teradyne 4%, and Micron Technology approximately 2%. Selling pressure spread across the entire semiconductor sector due to overlapping concerns about the sustainability of AI infrastructure investment and the expansion of Chinese semiconductor companies' competitiveness.

[Article Key Summary]

-SK Hynix fell 10.9% and Samsung Electronics 9.5% during trading, leading to a sharp drop in KOSPI.

-Domestic AI-related and component stocks, including LG Innotek and Samsung SDI, also fell concurrently.

-The semiconductor sell-off spread across Asia, with Kioxia, Tokyo Electron, and SoftBank Group also dropping.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*