- Japan and South Korea stock markets diverged during the August 26 trading session, with the KOSPI Index surging past 6,800 points while the Nikkei 225 Index opened lower and slid 0.42% to 65,578.15 points.
- South Korean heavyweights Samsung Electronics and SK Hynix advanced 1.07% and 0.89% respectively, while Japanese stocks experienced mixed results and exporter profit expectations faced pressure from a strengthening yen.
- Investor caution ahead of Nvidia's upcoming earnings report and Federal Reserve policy signals drove the divergence across regional markets.
- On August 24, major U.S. stock indices showed mixed results, with the Nasdaq falling 0.76 %, the S&P 500 down 0.28 %, and the Dow Jones rising 0.26 %.
- Among companies with a market capitalization exceeding 100 billion, Altria Group and Mastercard recorded gains of 3.6 % and 3.31 % respectively.
- Meanwhile, Seagate Technology and SanDisk experienced declines of 6.51 % and 6.45 % respectively.
- Semiconductor stocks including Micron, SanDisk, and SK hynix declined amid a broader sector sell-off triggered by Samsung Electronics' lower-than-expected capital-return announcement and elevated market valuations.
- The pullback followed significant gains driven by AI-related demand for memory products in 2026, compounded by rising Treasury yields that prompted profit-taking.
- Despite the current market drop, Wall Street maintains a positive outlook, with Micron holding a Strong Buy consensus and an average price target indicating substantial upside potential.
- Major semiconductor stocks including Micron, SanDisk, AMD, and SK Hynix fell in premarket trading on 8 / 24 / 26 amid a broader technology sell-off and disappointment over Samsung Electronics' shareholder-return plan.
- Additional pressures driving the decline include escalating geopolitical tensions, caution ahead of Nvidia's upcoming earnings, and concerns over high AI valuations and rising bond yields.
- Despite the downturn, all four chipmakers maintain Wall Street Strong Buy consensus ratings, led by Micron's 61.3 % upside potential.
- Nvidia AI server prices are expected to increase by more than 15 % for systems shipped in early 2027.
- The price hike affects platforms like Vera Rubin and Grace Blackwell due to surging memory costs and supply strain.
- Major data center operators and server companies have reportedly informed customers about the upcoming adjustments.
- Samsung Electronics stock dropped 9% on Monday, marking its worst day in three weeks amid investor reaction to its shareholder-return plan.
- The company announced a shareholder return of 90 trillion won to 110 trillion won this year, including a 30 trillion won third-quarter dividend.
- Rival memory-chip makers SK Hynix and Micron Technology also saw their stocks decline by 3% following the announcement.