Samsung Electronics, SK Hynix Fall Over 6% as Morgan Stanley Warns of Semiconductor Peak-Out

Samsung Electronics and SK Hynix shares fell sharply on July 8-11, 2026, according to Newsis. Samsung tumbled 6.92% on July 8 and 6.25% the following day, despite posting record quarterly earnings, while SK Hynix declined 6.06% and 5.68% respectively. Morgan Stanley warned on July 6 that memory sector momentum may be slowing, with price gains and earnings estimate upgrades nearing peak levels. Domestic brokerages followed suit, with Kiwoom Securities cutting Samsung's price target from 430,000 to 390,000 Korean won, and BNK Investment setting SK Hynix's target at 1.85 million won, the lowest among Korean brokers. However, not all brokerages agree; KB Securities maintained SK Hynix's target at 4.2 million won, citing continued AI infrastructure investments.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments