In early trading on the 6th, SK hynix fell below 800,000 won. Samsung Electronics also dropped more than 3% and is trading around 150,000 won.
As of 9:09 a.m. that day on the Korea Exchange, SK hynix is trading at 794,000 won, down 48,000 won (5.7%) from the previous session. Hynix fell to the lower limit in the pre-market, sliding to 804,000 won, and is widening its intraday losses.
At the same time, Samsung Electronics is trading at 157,000 won, down 6,400 won (4.02%) from the previous session. Samsung Electronics fell to 111,600 won in the pre-market, triggering the volatility interruption (VI) mechanism, but is narrowing losses in regular trading.
The weakness in semiconductor stocks is seen as stemming from the previous night's New York session closing lower on concerns about artificial intelligence (AI) profitability.
The Dow Jones Industrial Average finished at 48,908.72, down 592.58 points (1.20%) from the previous session. The Standard & Poor's (S&P) 500 index fell 84.32 points (1.23%) to 6,798.40, and the Nasdaq composite ended down 363.99 points (1.59%) at 22,540.59.