Samsung and SK Hynix's stock prices fell by over 7%, driving the KOSPI index to decline

Affected by the progress of storage technology in China and concerns about AI investment logic, Samsung Electronics fell 7.29%, SK Hynix fell 8.35%, and the Korea Composite Index (KOSPI) fell 6.05% to 5997.99 points. The South Korean stock exchange has launched a selling side Sidecar mechanism and suspended the programmatic trading of KOSPI component stocks for 5 minutes. Hock Tan, CEO of Broadcom, stated that the demand for computing infrastructure exceeds the supply, and the ability to acquire capital has become a limiting factor for AI expansion. Ha SeokKeun, Chief Investment Officer of Eugene Asset Management, stated that investors are concerned about whether the semiconductor uptrend cycle can continue. Since October, foreign investors have sold over $6 billion worth of Korean stocks.