Business

Tech Giants Prepare Major Investment Plans

Updated 2026-06-29 01:55 UTC 1 source Negative

Samsung and SK Hynix are set to announce investment plans worth $1.3 trillion, causing their shares to fall as investors brace for the announcements.

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CNBC

Samsung, SK Hynix shares fall as investors brace for reported $1.3 trillion spending plans

Shares of Samsung Electronics and SK Hynix plunged after reports surfaced that the pair are expected to unveil investment plans worth hundreds of billions of dollars.

2026-06-29 01:35 UTC