{
  "id": 15555619,
  "title": "Samsung and SK Hynix stocks slide; is there a reversal in sight?",
  "url": "https://urgent.news/2026/10/19/samsung-and-sk-hynix-stocks-slide-is-there-a-reversal-in-sight",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-19T03:49:31.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/stock-market-news/samsung-and-sk-hynix-stocks-slide-is-there-a-reversal-in-sight-93CH-4956282"
  },
  "original_language": "en",
  "account": "In the first two weeks of October, Samsung and SK Hynix suffered heavy losses as the artificial intelligence trade began to unravel. This came after the two companies had recorded significant gains earlier in the year due to AI-driven optimism. Both stocks have since become deeply oversold, but there is no clear indication of a trend reversal. The current situation presents a \"cheap but unstable\" investment opportunity rather than a clean buying chance. The selloff appears to be driven more by sentiment than by deteriorating fundamentals. The decline in stock prices is a pullback within a larger rally, not a collapse from a flat base. Both companies reported record profits in the past, yet their stocks still experienced a decline. This mirrors a similar pattern observed in July. Despite the recent slump, Samsung and SK Hynix have a history of strong earnings, and their stocks still have potential for growth. Analysts now anticipate that peak earnings will last only a few months, rather than enduring indefinitely. Valuation metrics as of June to December 2026 periods show that fair value estimates are lower as of October 2026. Single-digit forward P/Es indicate that analysts expect profits to peak soon. The cyclical nature of the memory industry suggests that low multiples are often seen at the peak of earnings. Samsung's stock is currently trading at ₩215,500 (1W -13.97%, 1M -17.43%) with a 52-week range between ₩94,500 and ₩374,500. SK Hynix is trading at ₩1,250,000 (1W -22.12%, 1M -32.69%) with a 52-week range between ₩465,500 and ₩2,987,000. Both companies are implementing a buyback program, which may provide a floor for demand. Samsung is expected to report Q3 earnings later in October, as well as details on the buyback. Samsung's Q3 earnings and SK Hynix's Q3 report could potentially reset market sentiment.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}