← October 13, 2026 briefing · added in the 20:00 KST update
Memory chip stocks plunge despite strong AI demand: Samsung Electronics down 7.4%, SK hynix down 10.1% (report)
Announced October 13, 2026
Verified (fact)
According to SCMP, Samsung Electronics closed down 7.4% and SK hynix down 10.1% on the Seoul stock market on Tuesday the 13th. The decline has continued for several days, and shares of China's CXMT also fell. Quarterly earnings are strong thanks to sharply higher memory prices, but the drop is being read as growing investor doubt that the AI-driven profit boom will last.
Why it matters (interpretation)
This signals that market views on memory makers, key beneficiaries of AI infrastructure investment, are wavering. On the same day, the CEOs of Broadcom and Intel said 'the biggest constraint on AI is capital,' and the IMF warned of the risk of a sharp fall in AI stocks, adding to concerns about whether AI investment can be sustained.
Confidence medium · official source pending
Sources
- Press Why Samsung, SK Hynix and CXMT shares are under pressure despite strong AI demand South China Morning Post
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