SK hynix to invest $712.5 billion in South Korean operations — Cheongju NAND expansion, Yongin Semiconductor Cluster for DRAM detailed
Summary
SK hynix announces major plan to spend $712.5 billion in its operations in South Korea, but the only detailed investments are spendings on a new NAND fab and a packaging facility.
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🚨 BLOODBATH IN ASIAN MARKETS.
— Bull Theory (@BullTheoryio) July 2, 2026
Over $730 billion has been wiped out from Asian stock markets today as AI and semiconductor stocks sell off.
South Korea's KOSPI is down -7.89%, wiping out ₩481 trillion ($324 billion).
Japan's Nikkei is down -2.47%, wiping out ¥35.3 trillion… pic.twitter.com/cchngG9ByR
🚨SOUTH KOREAN MARKET JUST SAW ANOTHER BLOODBATH:
— Global Markets Investor (@GlobalMktObserv) July 2, 2026
The KOSPI plunged nearly -8% on Thursday, driven by surging fears over the durability of the leverage-driven AI trade.
SK Hynix, lost almost -15% and Samsung Electronics, fell -9%, with the two chipmakers combined erasing $290… pic.twitter.com/amZBEP84Zw