At market open, Korean chipmakers' stocks plunged, with Samsung Electronics dropping 9%+, SK Hynix down 11%+, and the Korea Composite Stock Price Index down 8%+ (Youkyung Lee/Bloomberg)
Samsung and SK Hynix shares fell sharply as investor concern over AI chip demand hit Korean markets.
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<a href="https://www.bloomberg.com/news/articles/2026-07-28/korean-stocks-sink-as-chipmakers-plung-on-deepening-ai-fatigue"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260727/i37.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/260727/p37#a260727p37" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Youkyung Lee / <a href="https://www.bloomberg.com/">Bloomberg</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.bloomberg.com/news/articles/2026-07-28/korean-stocks-sink-as-chipmakers-plung-on-deepening-ai-fatigue">At market open, Korean chipmakers' stocks plunged, with Samsung Electronics dropping 9%+, SK Hynix down 11%+, and the Korea Composite Stock Price Index down 8%+</a></b></span> — South Korean stocks plunged, dragged by the nation's memory chipmaking powerhouses as investor sentiment continues to worsen on the artificial intelligence boom.</p>
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