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SK Hynix Shares Drop 11% as Inflation and AI Funding Worries Hit Chips

10/15/2026

shares fell 11.42% to KRW 1,257,000 in Seoul, deepening a global chip selloff driven by hotter U.S. inflation, Federal Reserve rate expectations, and doubts over funding for artificial intelligence infrastructure.

The decline extended losses across Asian markets on Thursday. South Korea's KOSPI index dropped 7.81% to 5,539.34, while Samsung Electronics shares slid 8.84% to KRW 211,500.

In Japan, the Nikkei 225 index fell 4.12% to 64,951.15, with SoftBank Group Corp shares losing 9.34%.

These moves followed a Wednesday session on Wall Street where the tech-heavy Nasdaq Composite declined 1.88% to 26,692.87 and the S&P 500 slipped 1.11% to 7,718.94.