🔴 SK Square is trading 12.3% down today following a broad semiconductor selloff and AI spending concerns

SK Square is trading 12.3% down at KRW 1,212,000 following a sharp semiconductor-led selloff and renewed concerns over AI capital expenditure.

• The decline aligns with broader weakness in Korean tech stocks after TSMC's capital spending guidance pressured chip names across Asia.
• The wider KOSPI tech complex suffered heavy losses following the Bank of Korea’s rate hike, which weighed on the broader semiconductor sector.
• No company-specific catalyst was identified, with the stock falling in tandem with industry peer SK Hynix.