KOSPI and KOSDAQ 7month 8day 5plunged by more than %, semiconductor concerns spread
KOSPI and KOSDAQ 7month 8day, amid concerns over a semiconductor “peak-out” and geopolitical tensions, recorded a plunge of more than 5%. During the same period, some analysts said the supercycle could last another 2~3years, while SG announced that it would be the sole supplier of all the asphalt concrete for the Yongin semiconductor cluster.
KOSPI and KOSDAQ 7month 8day, fell by more than 5% due to concerns over a semiconductor peak-out and geopolitical tensions. The sharp decline in the indices increased volatility across the domestic stock market.
7month 8day, shares of major domestic semiconductor stocks weakened, and the decline in the indices expanded to more than 5%.
7month 9day, some observers said the semiconductor cycle had not ended. On the same day, based on that view, the possibility of a revaluation of Samsung Electronics and SK was raised.
Another article presented a forecast that the semiconductor supercycle could continue for 2~3more years as long as Big Tech's investment trend is maintained.
7month 8SG announced that it would be the sole supplier of asphalt concrete to the Yongin Semiconductor Cluster. Specific details related to the supply contract, including the exact start date, can be confirmed based on the announcement.
Several reports were published between 7month 8day and 7month 9day, simultaneously covering the market's sharp decline and the ongoing debate within the industry over sustainability. Individual companies' disclosures and quarterly results should be confirmed through each company's announcements.