Samsung Stock Sells Off Hard While Quietly Hiking Chip Prices 15%

TLDR

• Samsung Electronics stock fell 7% to ₩249,750 on Wednesday as a broad semiconductor selloff hit Asian markets
• The KOSPI dropped more than 6%, triggering the Korea Exchange’s sell-side sidecar mechanism to temporarily halt program trading
• U.S.-Iran tensions pushed oil prices higher, lifting Treasury yields and pressuring tech stocks globally
• Samsung has raised prices for advanced contract chipmaking by up to 15%, with its SF4 and SF5 process nodes seeing the steepest hikes
• Samsung’s foundry unit, a loss maker since 2022, could return to profit as early as next year if pricing holds

Samsung Electronics stock dropped 7% to ₩249,750 on Wednesday, caught in a broad semiconductor selloff that sent the South Korean KOSPI tumbling more than 6%.

Samsung Electronics Co., Ltd., SMSD.L

The Korea Exchange activated its sell-side sidecar mechanism during the session, temporarily suspending program trading as institutional selling accelerated. The prior session had already seen the KOSPI fall 1.55%, snapping a six-day winning streak after institutions net-sold nearly 785 billion won in Korean equities.

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