Why Samsung, SK Hynix and CXMT shares are under pressure despite strong AI demand

Por Howard Liu — South China Morning Post – News feed

Advertisement Semiconductors Tech Tech Trends Why Samsung, SK Hynix and CXMT shares are under pressure despite strong AI demand

Investors seem to be weighing strong earnings prospects against the risk of slower memory price growth as supply catches up with demand

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Howard Liu in Beijing Published: 6:30pm, 13 Oct 2026

A sharp sell-off in Asian memory chip stocks this week signals growing investor doubts over whether the sector’s AI-driven profit boom can last, even as soaring prices drive strong quarterly earnings across the sector.

Shares in market leaders Samsung Electronics and SK Hynix plunged in Seoul on Tuesday, extending a days-long slide that has also swept up Chinese rival ChangXin Memory Technologies (CXMT) .

Samsung and SK Hynix closed down 7.4 per cent and 10.1 per cent, respectively. The companies have fallen about 16 per cent and 22 per cent, respectively, over the past five trading sessions. Together, they account for about half the weight of South Korea’s benchmark Kospi index, which closed 5.5 per cent lower after falling more than 7 per cent intraday.

In Shanghai, CXMT, China’s leading dynamic random-access memory (DRAM) maker, closed down 2.8 per cent at 46.99 yuan (US$7.01), extending its drop since the close before China’s National Day holiday to about 14 per cent.

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Fonte: South China Morning Post – News feed