As semiconductor stocks in the U.S. stock market plummeted following the announcement of reciprocal tariffs, domestic semiconductor stocks also faced declines early on the 7th. It is interpreted that investor sentiment has contracted due to concerns that tariffs on semiconductors will soon be imposed.
As of 9:23 a.m. on that day, SK hynix was trading at 170,600 won, down 11,600 won (6.37%) compared to the previous trading day. HANMI Semiconductor and Samsung Electronics also fell by 6.56% and 4.28% respectively at the same time.
Last week, it was noted that U.S. President Donald Trump's extensive tariff measures would impact the artificial intelligence (AI) infrastructure of major U.S. tech corporations. The U.S. tech conglomerate known as 'Magnificent 7' (M7) saw its market capitalization evaporate by $1.8 trillion just two days after President Trump announced the imposition of reciprocal tariffs.
On the last trading day, the 4th (local time), shares of Tesla (-10.42%), NVIDIA (-7.36%), Apple (-7.29%), Meta (-5.06%), Amazon (-4.15%), Microsoft (-3.56%), and Alphabet (-3.20%) all plunged.
A research analyst at LS SECURITIES, Cha Yong-ho, said, "Although semiconductors were excluded from the reciprocal tariffs, tariffs on IT devices were not exempted," adding, "Most assembly of sets is done in countries with low labor costs such as China, India, Vietnam, and Mexico, so it is inevitable that there will be an impact on the demand side."