👩🍳 How we use AI at Tech in Asia, thoughtfully and responsibly.
🧔♂️ A friendly human may check it before it goes live. More news here
🧔♂️ A friendly human may check it before it goes live. More news here
Samsung stock falls below $37.5 amid US policy worries
Samsung Electronics’ stock price fell below 50,000 won (around US$35.5), affected by concerns over potential United States policy changes regarding semiconductor incentives.
The company’s shares dropped to 49,900 won (around US$35.5), marking their first close below the 50,000-won mark since June 2020.
This decline occurred as foreign investors sold shares, amid skepticism about Samsung’s competitiveness in semiconductors.
Analysts note uncertainties will continue until the incoming US administration clarifies its stance on the Chips and Science Act. Concerns focus on regulations affecting semiconductor exports to China.
Recent Samsung Electronics developments
| Timeline |
|---|
08-Nov-2024 📉 Samsung loses lead to SK Hynix amid AI demand surge
|
01-Nov-2024 🔍 Samsung focuses on high-value AI chips post-earnings miss
|
30-Oct-2024 📉 Samsung shares plummet 32%, losing $122b to chip rivals
|
08-Oct-2024 📉 Samsung’s profit declines amid AI chip delays
|
02-Oct-2024 📉 Samsung to reduce workforce in SEA, ANZ amid chip struggle
|
Stay updated on the go with our mobile app.
Get latest insights with smoother, more personalized experience through TIA mobile app.




