Samsung Electronics, SK hynix fall after U.S. stocks slip on OpenAI concerns - 네이트

Samsung Electronics Co and SK hynix Inc. slipped on Wednesday morning after U.S. stocks closed lower overnight amid concerns that OpenAI Inc., the developer of ChatGPT, failed to meet its new user growth and revenue targets. Samsung Electronics shares were trading 0.79 percent lower at 220,250 won ($149.3) as of 9:07 a.m., after opening at 219,500 won, down 1.13 percent. SK hynix shares were also trading 0.69 percent lower at 1.29 million won. On Tuesday, local time, U.S. stocks closed lower amid concerns that competition in artificial intelligence infrastructure investment may not be sustainable. A report by The Wall Street Journal said OpenAI missed key targets and faces internal concerns over its ability to sustain heavy investment, weighing on sentiment toward AI-related stocks. OpenAI denied the report, and expectations for earnings from Alphabet Inc., Microsoft Corp., Amazon.com Inc., and Meta Platforms Inc. scheduled for Wednesday helped limit losses, with semiconductor stocks paring declines late. After the close, Seagate Technology Holdings Plc reported strong earnings, lifting storage stocks including Micron Technology Inc. in after-hours trading. On the Kospi, individuals and institutions were net buyers of 232 billion won and 30.3 billion won, respectively, while foreigners were net sellers of 227.6 billion won. In the electrical and electronics sector, foreigners and institutions were net buyers of 8.2 billion won and 37.5 billion won, respectively, while individuals sold a net 48.2 billion won. Separately, shares of Chaevi Co. surged more than 80 percent on their Kosdaq debut. Shares of Chaevi were trading at 22,150 won as of 9:11 a.m., up 80.08 percent from its initial public offering (IPO) price of 12,300 won, after rising as high as 22,800 won shortly after the open. Founded in 2016, the company manufactures motors, generators, and electric conversion, supply and control equipment. It is known as the first EV charging infrastructure company in Korea to go public. During the bookbuilding session, Chaevi recorded a competition ratio of 55 to 1, and its IPO price was set at the lower end of the desired range of between 12,300 won and 15,300 won. In retail subscription, it attracted 4.18 trillion won in deposits. Shares of Samsung Electronics ended at 226,000 won and SK hynix at 1,293,000 won. Chaevi finished at 22,550 won, up 83.33 percent from the offering price. ▶ “한국인들 ‘빨리빨리’ 너무 매력적”...공장까지 세운 인도 회장님 ▶ “시장 붕괴 올때마다 더 부자 됐어요”…곧 큰 기회 온다는 ‘부자아빠’ ▶ “대출 안 나와요? 다 방법 있어요”…집주인이 돈 빌려주는 ‘신박한’ 거래 ▶ 삼성전자 노조 ‘위법쟁의 금지 가처분’ 첫 심문…총파업 직전 결론 나온다 ▶ “기업들도 힘들겠지만, 우린 죽을 판”…자영업자 체감경기 ‘급랭’ 내 댓글에 대댓글이 등록되면 알려드릴까요? 네이트앱에 로그인하시면 알림으로 안내해 드릴게요.