Samsung Electronics Co., Ltd. is trading 4.4% down at $5420 as global investors rotate out of technology and banks tighten leverage on the stock.
- The pullback follows a sharp multi-day AI-driven rally, triggering profit-taking ahead of a key Federal Reserve meeting.
- Several banks have reportedly tightened hedge fund leverage on the chipmaker, increasing the risk of short-term volatility.
- Renewed pressure on leveraged bets in Korean chipmakers is weighing on the broader sector.