Semicondutores
South Korean stocks tumble nearly 6 percent on profit-taking after AI rallies
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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.
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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.
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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.
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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
quarta-feira, 24 de junho de 2026, 15:35hSK hynix plans 45.45 trillion won stock offering for Nasdaq ADR listing
quarta-feira, 24 de junho de 2026, 13:22hSeoul stocks surge sharply on Micron earnings
terça-feira, 23 de junho de 2026, 07:38hSeoul shares open 1.86% higher despite US chip sell-offs
segunda-feira, 22 de junho de 2026, 01:30hSamsung's HBM4 sales top $1 billion four months after launch
sábado, 13 de junho de 2026, 21:31hSK Hynix adds over 2,000 positions last year amid AI boom
sexta-feira, 12 de junho de 2026, 09:01hKioxia becomes Japan’s most valuable firm as AI mania goes on
quinta-feira, 11 de junho de 2026, 18:33hRapidus to cooperate with British and Italian institutions
quarta-feira, 10 de junho de 2026, 19:24hSouth Korea exports jump 86 percent in early June, set record high
segunda-feira, 08 de junho de 2026, 22:43hNvidia CEO Huang concludes South Korea visit with AI partnerships