With technology stocks correcting in the U.S. market overnight, Samsung Electronics and SK hynix are plunging in early trading on the 14th.

On the 14th, stock prices and exchange rates are displayed on monitors in the dealing room at the Hana Bank headquarters in Seoul. The KOSPI is down in the 2% range. As of 9:03 a.m., it is trading at 4,058.88, down 111.75 points (2.68%) from the previous session. The won-dollar exchange rate opens 4.2 won higher at 1,471.9 won. /Courtesy of Yonhap News

As of 9:51 a.m., Samsung Electronics shares are trading at 988,000 won, down 3.89% (4,000 won) from the previous session.

SK hynix shares are down 5.23% (32,000 won) from the previous day to 5.8 million won in trading.

Overnight, on the resurgence of the artificial intelligence (AI) bubble narrative and expectations that the Federal Reserve (Fed) will hold rates steady, the New York stock market plunged.

In particular, major technology stocks and key semiconductor stocks declined together. Nvidia fell 3.58%, Tesla 6.64%, AMD 4.22%, Amazon 2.71%, Microsoft 1.54%, Broadcom 4.29%, and Alphabet 2.89%. The Philadelphia Semiconductor Index tumbled 3.72%.

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