
AI-generated summary
South Korea's two major chip manufacturers, Samsung Electronics and SK Hynix, are important global memory suppliers, and their stock prices are often affected by the global technology industry cycle and macroeconomic factors. Recently, U.S. stocks have fallen due to rising oil prices and worries about the Federal Reserve raising interest rates. At the same time, Chinese AI startup DeepSeek has released a new model that claims to reduce the demand for high-bandwidth memory (HBM), triggering market pressure on memory stocks.
South Korea's two largest chip manufacturers, Samsung Electronics and SK Hynix, fell more than 4% in early trading on Friday (11th). (AP)
[Financial Channel/Comprehensive Report] As investors worry that rising oil prices may lead to the Federal Reserve raising interest rates, U.S. stocks have fallen for days. Amid widespread sell-offs in chip stocks, South Korea's two largest chip manufacturers, Samsung Electronics and SK Hynix, fell more than 4% in early trading on Friday (11th).
South Korean stocks opened down 3.29% today (11th). As of noon local time, the decline narrowed slightly to 2.49%. Samsung, the benchmark stock in the South Korean market, fell 4.08% at the opening, and later expanded its losses, falling 4.46% at one point; rival SK Hynix fell 4.31% at the opening, and fell as much as 4.58% during the session.
Please read on...
Chinese AI start-up DeepSeek released its new model V4.1 Flash yesterday (10th), claiming that it has significantly reduced the demand for HBM, which is also believed to have an impact on the trend of memory stocks.
Samsung Securities analysts said that the new V4.1 Flash model launched by DeepSeek currently seems more like a suppression of market sentiment than a fundamental reset of HBM demand, unless there is clear evidence that this efficiency improvement will lead to a decline in GPU orders or AI capital expenditures.
Analysts added that doubts about the Federal Reserve raising interest rates and renewed concerns about credit defaults by ultra-large-scale cloud service providers should have a greater impact on technology stocks, and the news of DeepSeek will further intensify the pressure.
Grasp the economic pulse with one hand. Click here to subscribe to Free Finance Youtube channel
AI outlook — possibilities, not facts
If the effectiveness of DeepSeek’s V4.1 Flash model is verified, it will further compress the valuation of memory stocks.
Possible · Within weeks
U.S. stocks are worried about the pressure from the Federal Reserve to raise interest rates due to rising oil prices, which will continue to affect the trend of technology stocks.
Likely · Within days

Foreign media reported that Chinese companies concealed their actual control through shell companies in third places and registered non-Chinese nationals, and poached Taiwanese semiconductor talents with high salaries up to 10 times local wages. Experts warn that brain drain and hidden ownership may weaken the long-term competitive advantage of Taiwan's chip industry, especially in the context of the Sino-US chip war. Ultimately, beneficial ownership transparency becomes a key defense.

Xie Jinhe, chairman of Caixin Media Group, pointed out that Taiwan’s exports hit a new historical record of US$82.4 billion in August this year, and the total in the first eight months was US$574.34 billion, an annual increase of more than 44%. If the monthly average of US$80 billion is maintained, annual exports will reach US$900 billion, making it expected to become the world's fifth largest exporter. He analyzed that Taiwan's huge surplus with the United States masks its deficit with South Korea, and suggested that Taiwan does not need to be overly polite to South Korea.

Taiwan stocks opened lower on Friday (11th), opening at 46,651.21 points, a drop of 289.28 points. During the session, it fell 998.05 points to 45,942.44 points, falling below the 46,000 mark. U.S. stocks fell for four consecutive days. August producer price data and rising oil prices heightened market concerns about the Federal Reserve raising interest rates. Rising Treasury bond yields also suppressed the stock market. Major value stocks such as TSMC, MediaTek, and Hon Hai all fell sharply during the session.

Due to large-scale shipments of AWS's new 3-nanometer AI accelerator, Shixin-KY's consolidated revenue in August was 8.776 billion yuan, a monthly increase of 18.07% and an annual increase of 273.6%, a two-month high. However, today's stock price once reached the lower limit of 3,650 yuan during the session. As Qualcomm entered the AWS supply chain and feared that it would eat away at orders, investors' selling orders emerged. As of 10:55, it fell 9.86%, temporarily trading at 3,655 yuan, with a trading volume of more than 3,752, exceeding yesterday's full-day trading volume. Analysts from American foreign investors pointed out that Qualcomm focuses on inference, which is different from Trainium4, which focuses on both training and inference, and its impact is limited.
Since September, egg prices across the country have continued to rise. The wholesale price of eggs in Sichuan has reached the highest point this year, and the retail price has exceeded the 6 yuan/jin mark. The combination of tight supply and peak demand has caused prices to hit a new high this year, but experts expect prices to fall after demand falls in October.

British active hedge fund Palliser Capital has increased its stake in Taiwanese printed circuit board manufacturer Nanzi Electric from 4.3% to more than 5%, becoming a major shareholder in accordance with the regulations of the Taiwan Stock Exchange. Fund founder Smith said that Taiwan's AI and Huida supply chains provide attractive investment opportunities. Nanzi Electric is favored because it is severely undervalued and has no major family or government shareholder control. He has asked the company to consider measures to increase shareholder value, including possible privatization.