[Featured Stocks] Samsung Electronics and SK Hynix Fall Amid TSMC-Related Negative News

Global semiconductor company Taiwan TSMC has lowered its performance outlook for this year, causing Samsung Electronics and SK Hynix to experience a simultaneous decline.

As of 9:38 a.m. on the 19th, Samsung Electronics is trading at 77,700 won, down 1,900 won (2.39%) from the previous close. The trading volume is 8.17 million shares, with a trading value of 636.9 billion won.

At the same time, SK Hynix is trading at 175,800 won, down 6,500 won (3.57%) from the previous close. The trading volume is 1.44 million shares, with a trading value of 253.5 billion won.

The weaker-than-expected performance of global semiconductor companies is seen as a negative factor for domestic companies as well. Although Taiwan semiconductor company TSMC announced first-quarter results that significantly exceeded market expectations, it lowered its market outlook, leading to a decline in stock prices of U.S. semiconductor listed companies. This comes just one day after ASML, known as the 'super subcontractor' in the semiconductor industry, reported first-quarter results below market expectations.

On the 18th (local time) at the New York Stock Exchange, TSMC ADR (American Depositary Receipt) closed at $132, down 5%. It fell an additional 0.8% in after-hours trading. Nvidia also dropped 4% during regular trading hours and fell another 0.6% in after-hours trading.

TSMC forecasted sluggish growth this year in all sectors except for artificial intelligence (AI) chips. TSMC lowered its overall market growth outlook excluding AI chips from over 10% to 10% this year.