Samsung, SK Hynix Shares Slide Despite Separate 1,000T Won Chip Investment Plans
2026-06-29 05:28:17
Samsung Electronics and SK Hynix shares fell after each unveiled major chip investment plans at a presidential briefing in Seoul. According to BeInCrypto, Samsung Group presented a roughly 1,000 trillion won spending package to President Lee Jae-myung and SK Group followed with a separate 1,000 trillion won plan covering semiconductor fabs, AI data centers and chip cluster development over the next decade. Samsung dropped 5.3% and SK Hynix fell 3.4%, while the Korea Exchange scrapped a planned launch of weekly options tied to Samsung, SK Hynix, Hyundai Motor and LG Energy Solution.
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