True
Shares of Samsung Electronics and SK hynix fell in tandem on concerns linked to a controversy involving OpenAI, with the Korean memory heavyweights tracking weakness in US semiconductor stocks.
Samsung Electronics slipped about 1% while SK hynix dropped roughly 2%, a simultaneous decline that mirrored a broader downturn in the US semiconductor sector. The pullback came as an OpenAI-related controversy dampened sentiment across chip stocks, which have been key beneficiaries of the AI investment cycle.
Korean chipmakers remain closely tied to developments around OpenAI and the wider generative AI market, making domestic memory stocks sensitive to headlines from the US AI industry. With risk appetite around AI-related names cooling, both Samsung Electronics and SK hynix moved lower together, reflecting the sector-wide pressure rather than company-specific news.
The claim of a joint decline of Samsung Electronics at -1% and SK hynix at -2% amid US semiconductor weakness tied to the OpenAI controversy is True.