Korean Memory Chip Giants Lag Behind Micron as Global Chip Stocks Rally

Since late August, while major global chip stocks have rebounded, Samsung Electronics and SK Hynix have gained less than 1%, underperforming the broader chip sector recovery. During this period, foreign investors net-sold a combined value of 22 trillion won (approximately $154 billion) in shares of the two companies. Data from the Korea Exchange on the 11th shows that between August 31 and October 8, Samsung Electronics' stock rose 0.77% and SK Hynix's rose 0.43%. In the same timeframe, Micron surged 11.90%, Taiwan Semiconductor Manufacturing Company's American Depositary Receipts (ADRs) climbed 12.55%, NVIDIA gained 6.89%, and Kioxia advanced 5.05%, all outpacing Samsung and SK Hynix.