Samsung

A broad tech sell-off continued across Asian markets on Thursday, causing Samsung Electronics to drop by around 4.0%. The trigger were weaker quarterly outlooks and profit warnings from US tech firms and ongoing concerns about the profitability of large AI investments; rising Brent prices and geopolitical supply‑chain risks also weighed. Semiconductor and AI stocks in Seoul and Hong Kong were hit particularly hard, amplifying the market weakness. » Więcej na finanzen.net

Samsung is modernizing its Xi'an plant to the ninth generation V-NAND with 286 layers and plans to produce 40,000 wafers per month by December 2027. At the same time, SK hynix aims to bring its Dalian plant to around 240 layers to catch up in the Chinese NAND market, where YMTC is gaining market share and advanced products. Both companies stress coordination with US rules, while US export controls remain a key risk for the planned upgrades. Investors reacted positively: Samsung and SK shares rose sharply. » Więcej na finanzen.net

Concerns about rising spending on AI infrastructure triggered heavy losses in Asian markets, with the South Korean KOSPI falling at times by almost 8 percent. Samsung shares plunged about 9.5 percent, while rival SK Hynix lost more than 11 percent. The sell-off was driven by fears of high debt from AI expansion, signs of slowing revenue growth at AI companies, and higher US government bond yields. European and US markets largely stabilized, by contrast. » Więcej na heise.de