Business · Markets · 3 hrs ago
Samsung and SK Hynix shares fall about 5% in early trading
Samsung Electronics and SK Hynix shares fell about 5% in early trading in Seoul on November 3.
Samsung was down 4.91% and SK Hynix 5.37% at 9:08 a.m.
local time.
The drop followed a fall in US technology stocks, including several major chipmakers, and a 3.37% decline in the Philadelphia Semiconductor Index.
Investors were again concerned about whether heavy spending on artificial intelligence will pay off.
Oracle said it planned to raise $20 billion through stock and bond issues to fund AI infrastructure, while Anthropic said it expected to spend about $895.4 billion on future infrastructure purchases and other costs.
The spending plans heightened questions about AI investment returns, while the US midterm election also raised concerns about possible rules for AI data centers.
Foreign investors and institutions were net sellers in the wider South Korean market, while individual investors were net buyers; no later share-market move was given.
Samsung Electronics and SK Hynix shares fell about 5% in early trading on November 3.
At 9:08 a.m., Samsung was down 4.91% and SK Hynix was down 5.37%.
The declines followed a sell-off in US technology stocks amid renewed concerns about the profitability of artificial intelligence investments.
The Philadelphia Semiconductor Index fell 3.37% in the previous US trading session.
Foreign investors and institutions were net sellers in the South Korean market, while individual investors were net buyers.
- Who
- Samsung Electronics and SK Hynix.
- What
- Their shares fell about 5% in early trading.
- When
- November 3, 2026; the reported prices were at 9:08 a.m.
- Where
- The Korea Exchange in South Korea.
- Why
- The declines followed weakness in US technology stocks amid renewed concerns about the returns on AI investment and possible regulation of AI data centres.
This story does not have two clearly opposing sides.
The Philadelphia Semiconductor Index fell 3.37% as US technology stocks declined.
Samsung Electronics was down 4.91% and SK Hynix was down 5.37% in South Korea.
- Samsung Electronics
- Down 4.91% to 217,750 won at 9:08 a.m.
- SK Hynix
- Down 5.37% to 1,393,000 won at 9:08 a.m.
- Philadelphia Semiconductor Index
- Fell 3.37% in the previous US trading session.
- Foreign investors
- Net sold 227.7 billion won in the main board market.
- Individual investors
- Net bought 309.9 billion won in the main board market.