Samsung Electronics and SK Hynix were on a downward trend in early trading on the 27th. This is seen as being affected by the sharp drop in Nvidia's share price overnight.
As of 9:35 a.m. on this day, Samsung Electronics was trading at 215,000 won on the Korea Exchange, down 1.38% from the previous session. SK Hynix was also trading at 1,068,000 won, down 2.82% from the previous trading day.
On February 26 (local time), Nvidia's share price plunged in the U.S. stock market, leading to an overall deterioration in semiconductor investment sentiment. Nvidia closed the previous day at 184.89 dollars, down 5.46%. Although it released fourth-quarter "earnings surprise" results, its share price fell instead.
Han Ji-young, a researcher at Kiwoom Securities, said, "Due to Nvidia's sharp share-price decline and the resulting weakness in semiconductor stocks such as Micron, volatility is expected to increase from the early session."
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