Business · Markets · 3 hrs ago

Samsung and SK Hynix fall as US semiconductor stocks weaken

Samsung and SK Hynix fall as US semiconductor stocks weaken

Samsung Electronics and SK Hynix shares fell early in South Korea on Nov.

5.

At 9:05 a.m.

local time, Samsung was down 3.33% and SK Hynix was down 6.09%.

The declines followed losses in US semiconductor and AI stocks during the previous session.

US stock indexes rose overall after a Democratic landslide eased election uncertainty, while major technology companies including Apple and Microsoft gained.

Several chip companies moved in the opposite direction, including Nvidia, Broadcom, ASML, Intel and Micron.

The weakness in US chip stocks appeared to weigh on investor sentiment toward the South Korean companies; no further developments were stated.

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