After the stock price of the American corporation Nvidia dropped more than 8% in one day, Samsung Electronics and SK hynix also appear to be under selling pressure.
As of 9:45 a.m. on the 28th, Samsung Electronics was trading at 55,200 won, down 1.95% from the previous day, while SK hynix was trading at 191,200 won, down 4.02% during the same period.
This stock price trend is interpreted as a result of Nvidia dropping 8.5% on the New York Stock Exchange overnight. Samsung Electronics is preparing to supply products to Nvidia, while SK hynix supplies high-bandwidth memory (HBM) for Nvidia's next-generation artificial intelligence (AI) semiconductor "Blackwell."
Compared to the same period last year, Nvidia's revenue increased by 78% to $39.33 billion, and net income rose by 80% to $22.09 billion during the same period, but it did not meet the expectations of traders who anticipated "blockbuster" performance. The 78% growth rate is the lowest figure among the last seven quarters.
In addition, during trading hours, U.S. President Donald Trump's tariff policy increased the drop in Nvidia's stock price. On that day, President Trump announced that he would impose a tariff of 25% on Mexico and Canada starting from the 4th of next month and an additional 10 percentage points (p) tariff on China.
Signals of economic slowdown also fueled the decline in Nvidia's stock price. The U.S. Department of Labor announced last week that the number of new unemployment claims rose to 242,000, an increase of 22,000 from the previous week, which is a high figure for this year.
On that day, in the U.S. market, not only Nvidia but also semiconductor stocks such as Broadcom (-7.11%), TSMC (-6.95%), Qualcomm (-4.73%), and AMD (-4.99%) ended the day lower.