Overnight, U.S. stock markets saw major technology stocks, including Nvidia, the global semiconductor leader, perform strongly. However, on the morning of the 24th, the stocks of Samsung Electronics and SK hynix are showing weakness.
As of 10:30 a.m. on this day, Samsung Electronics is trading at 55,300 won, down 400 won (0.72%) from the previous trading day. At the same time, SK hynix is also trading at 179,200 won, down 1,800 won (0.99%) from the previous day.
On the 23rd (local time), U.S. stock markets closed higher, bolstered by remarks from U.S. President Donald Trump and U.S. Treasury Minister Scott Bessent suggesting the possibility of a tariff reduction against China.
The Philadelphia Semiconductor Index, composed of semiconductor-related stocks, rose 3.96%. Broadcom (4.32%), TSMC (4.23%), and AMD (4.79%) also all closed higher.
The Nasdaq Composite Index, centered on technology stocks, finished up 2.5% at 16,708.05 compared to the previous day. The stocks of the major technology group known as Magnificent 7 (M7) also surged, with Tesla (5.37%), Amazon.com (4.28%), Meta (4%), Nvidia (3.86%), and Apple (2.43%) all closing higher.
On this day, SK hynix stated that it recorded an operating profit of 7.44 trillion won for the first quarter of this year (January to March). This is a figure that has increased by 157.8% compared to the same period last year, and while it is the second-highest figure on a quarterly basis, the stock price is not gaining strength.