Trump: "Semiconductor tariffs to be announced next week"… Samsung Electronics, SK Hynix weaken
Summary
- It was reported that semiconductor stocks weakened due to former President Donald Trump’s announcement of impending semiconductor tariffs.
- It was stated that Samsung Electronics and SK Hynix each recorded declines of 1.5% and 1.71%, respectively.
- Intel, which has factories in the United States, showed an upward trend and drew the attention of investors.
Semiconductor stocks are weak. This is due to former U.S. President Donald Trump’s remark about imposing tariffs on semiconductors.
As of 9:20 a.m. on the 6th, Samsung Electronics was trading at 68,850₩, down 1,050₩ (1.5%) from the previous day, while SK Hynix was being traded at 259,000₩, down 4,500₩ (1.71%).
On the 5th (local time), Trump stated in an interview with CNBC, "We will announce the imposition of tariffs related to semiconductors within the next week," and added, "We want semiconductors to be made in the United States as well."
Following these remarks, semiconductor stocks also showed weakness overnight in the New York Stock Exchange. The Philadelphia Semiconductor Index fell by 1.12%.
On the other hand, Intel, which owns factories in the U.S., rose 3.54%.
Kyungwoo Han, Hankyung.com Reporter case@hankyung.com
Korea Economic Daily
hankyung@bloomingbit.ioThe Korea Economic Daily Global is a digital media where latest news on Korean companies, industries, and financial markets.
