Samsung Electronics is trading 3.16% up at $4700 after recovering amid heavy semiconductor-sector selling.
- Broader chip stocks sold off as elevated Treasury yields, higher oil prices, and renewed U.S.-Iran tensions increased risk aversion, with reports describing selling pressure on Samsung and other Korean chipmakers.
- Samsung raised advanced foundry-service prices by up to 15%, potentially supportive, though available reporting does not identify the move as the direct reason for today’s gain.