Semiconductors
South Korean stocks tumble nearly 6 percent on profit-taking after AI rallies
በAI የተዘገበ በ AI የተሰራ ምስል
The KOSPI fell 5.81 percent on June 26 as investors took profits following recent AI-driven gains, closing at 8,411.21.
The KOSPI fell 1.31 percent at the open on Friday, June 26, following tech losses on Wall Street and profit-taking after the previous session's sharp rise.
በAI የተዘገበ
Kioxia, a NAND storage supplier, announced plans for a new listing in the United States next spring along with a stock split in Japan.
The combined market value of 19 listed firms in SK Group surpassed 2,000 trillion won for the first time on June 16, driven mainly by gains at SK hynix.
በAI የተዘገበ
Start-up Tensordyne has secured letters of intent worth more than 200 million dollars for its semiconductors. Fifteen data center operators are interested in the chips, which are said to consume far less energy than Nvidia products.
Nvidia and SK Hynix announced on June 8 that they have entered a multi-year technology partnership to develop next-generation memory technologies for AI factories.
በAI የተዘገበ
The Bank of Korea reported that the current account surplus reached $28.29 billion in April, the second-largest on record, driven by semiconductor exports.
U.S. official praises South Korea chip expertise at AI summit
June 24, 2026 15:35SK hynix plans 45.45 trillion won stock offering for Nasdaq ADR listing
June 24, 2026 13:22Seoul stocks surge sharply on Micron earnings
June 23, 2026 07:38Seoul shares open 1.86% higher despite US chip sell-offs
June 22, 2026 01:30Samsung's HBM4 sales top $1 billion four months after launch
June 13, 2026 21:31SK Hynix adds over 2,000 positions last year amid AI boom
June 12, 2026 09:01Kioxia becomes Japan’s most valuable firm as AI mania goes on
June 11, 2026 18:33Rapidus to cooperate with British and Italian institutions
June 10, 2026 19:24South Korea exports jump 86 percent in early June, set record high
June 08, 2026 22:43Nvidia CEO Huang concludes South Korea visit with AI partnerships