South Korea's Kospi index dropped 8% as Samsung Electronics and SK Hynix shares plunged, driven by AI financing risks and growing competition from China's semiconductor industry.
KOSPI crashed 8% as Samsung (-9.5%) and SK Hynix (-11.1%) fell on AI financing concerns and Chinese competition. For procurement teams sourcing chips, this signals HBM shortages and margin compression as Chinese lithography and low-cost models disrupt premium suppliers.
Samsung Electronics and SK Hynix led the fall
Jul 28, 2026
09:41 am
What's the storySouth Korea's KOSPI index plummeted by nearly 8% on Tuesday, triggering a temporary suspension of program trading.
The fall was led by major chipmakers Samsung Electronics and SK Hynix, whose shares fell by up to 9.5% and 11.1%, respectively.
Shares slip as chip stocks come under heavy selling: Here's why
South Korea’s Kospi index sinks more than 10% on heavy selling of chipmaking stocks
South Korea's KOSPI drops 7% as global chipmaker selloff deepens
South Korean shares tumble as chip selloff and China competition fears hit KOSPI
South Korea’s Kospi sinks more than 10% as Asian semiconductor stocks tumble
South Korea’s Kospi index sinks more than 9% on heavy selling of chipmaking stocks
Asian shares slip and South Korea’s Kospi index sinks 10% on heavy selling of chipmaking stocks
South Korean shares fall over 5% on AI spending concerns and oil spike
Seoul, Tokyo lead Asian plunge as tech stocks suffer fresh rout - Markets - The Jakarta Post
