Nasdaq Plunge Shock… Why Semiconductor Stocks Crashed / How Will Samsung Electronics and SK Hynix Respond Next Week? | CEO Lee Gwon-hui

Summary

Lee Kwon-hee, CEO of Wizwave, analyzes the sharp Nasdaq and semiconductor stock decline triggered by strong employment data raising rate-hike fears, combined with SpaceX IPO liquidity rotation and Japan rate-hike concerns. He argues this is a short-term correction, not a reversal, and advises holding or buying Samsung Electronics and SK Hynix on dips, citing robust earnings and intact AI demand. He warns of continued volatility through mid-June but remains bullish on the long-term trend.

• US markets plunged on strong employment data, reigniting rate-hike fears and triggering a broad risk-off move.
• Semiconductor stocks led the decline, with the Philadelphia Semiconductor Index dropping over 10%.
• Liquidity rotation into the SpaceX IPO and Japan rate-hike expectations contributed to the selloff.
• Lee Kwon-hee views the move as a short-term correction, not the end of the semiconductor cycle.
• Samsung Electronics and SK Hynix are expected to report strong Q2 earnings, with Samsung guidance near 100 trillion won.
• He advises holding existing positions or buying on dips, recommending accumulation into weakness.
• Volatility is expected to persist until mid-June, after the FOMC meeting and options expiry.
• Long-term AI and data center demand remains intact, supporting a bullish outlook.