StocksMedium•16 October 2026•
1 min read

Samsung and SK Hynix Shares Rebound Following Sharp Tech Sector Sell-off

Key Facts

1Samsung and SK Hynix shares rose over 2% following sharp declines of 9.48% and 11.06% respectively on Thursday.
2Foreign investors sold approximately 3.6 trillion won worth of Korean shares during the previous downturn.

Samsung Electronics and SK Hynix shares rose by more than 2% following a massive tech sector sell-off that triggered circuit breakers on the KOSPI index. Invezz reported that the rebound follows sharp declines of 9.48% for Samsung and 11.06% for SK Hynix on Thursday, a session during which foreign investors sold approximately 3.6 trillion won worth of Korean shares.

SKHY closed at $146.11 on October 15, 2026, while SMSN.L closed at $4048 on the same date. The technical rebound follows seven consecutive daily declines, as investors engaged in bargain hunting after the previous collapse left valuations attractive despite ongoing cyclical concerns regarding AI-related hardware.