Broadcom-Linked AI Selloff Hits Samsung, SK Hynix Stocks In Korea: DRAM Eyes Second Day In Red

• SK Hynix, Samsung and Micron are the three biggest holdings of DRAM.

• Broadcom’s AI forecasts, which some considered soft, triggered a sell-off in AI-linked stocks, chiefly semiconductor players.

• Stocktwits sentiment for DRAM remained ‘bearish’ early Friday.

SK Hynix and Samsung shares fell sharply in Seoul trading on Friday, after a softer-than-expected outlook from U.S. chip giant Broadcom triggered a global selloff in semiconductor stocks.

SK Hynix stock dropped over 8%, while Samsung shares declined over 5% amid profit-taking and a sentiment reset following their red-hot rallies in recent months.

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U.S. memory stocks such as Micron and SanDisk declined on Thursday and extended losses in the overnight session. The Roundhill Memory ETF (DRAM) declined over 5% in the overnight session and if the move holds, it would be the fund’s…