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National Pension Takes Profits on U.S. Memory Chip Stocks, Samsung and SK Hynix in Focus

Published: · Source: mk.co.kr

National Pension Takes Profits on U.S. Memory Chip Stocks, Samsung and SK Hynix in Focus
TL;DR: South Korea’s National Pension Service was found on May 12 local time to have taken profits on U.S. memory chip names such as Micron, drawing attention to whether its stance on Samsung Electronics and SK Hynix may change.
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South Korea’s National Pension Service reportedly sold U.S. memory semiconductor-related stocks, including Micron, on May 12 local time to realize gains, drawing market attention to its investment direction for major Korean chipmakers. The sale is being viewed as a sign that its holding strategy for U.S. memory chip stocks may be shifting. Investors are now watching whether the fund will take a similar profit-taking approach toward Samsung Electronics and SK Hynix. However, the original report did not confirm any actual selling of the two Korean stocks, only noting growing interest in a possible change in investment stance. Source: mk.co.kr

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