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[Featured Stocks] Samsung Electronics and SK Hynix Weaken Amid Uncertainty Over US Semiconductor Law

[Featured Stocks] Samsung Electronics and SK Hynix Weaken Amid Uncertainty Over US Semiconductor Law

Semiconductor-related stocks are showing weakness as the second Trump administration strongly criticizes the bill supporting semiconductor companies once again.


As of 10:15 AM on the 27th, Samsung Electronics is trading at 57,100 KRW, down 2.06% from the previous day. SK Hynix is also recording 171,900 KRW, down 2.94%.


Vivek Ramaswamy, nominated as co-head of the Department of Government Efficiency (DOGE) under the second Trump administration, criticized the semiconductor bill on the 26th (local time) on X (formerly Twitter), calling it "highly inappropriate" and stating, "They (the Biden administration) are rushing spending (semiconductor subsidies) before the regime change." Ramaswamy also said the previous day, "DOGE will review all these last-minute tactics and recommend that auditors closely investigate these contracts."


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