🔴 Samsung Electronics is trading 7.6% down today as Korea rate hike triggers chip selloff

Samsung Electronics is trading 7.6% down at $3,970 as a Bank of Korea rate hike and global AI cost concerns trigger a sector-wide selloff.

• The Bank of Korea’s rate hike sent the KOSPI index down 6.6%, with Samsung shares underperforming the broader market during the session.
• Semiconductor stocks globally are under pressure as TSMC’s massive capex plans and rising AI infrastructure costs prompt widespread profit-taking.
• Investors are rotating out of semiconductor leaders following Samsung’s recent record earnings rally as sentiment shifts toward cost sustainability.