Daily Tech Briefing
AI 科技速览
每天 5 分钟内学习 AI。获取最新的人工智能新闻,理解其重要性,并学习如何将其应用于您的工作。
CNBC AI · 2026/7/21 20:00:29

The sell-off in Korean stocks may soon subside. That could be good news for U.S. markets
AI 中文解读
韩股暴跌后企稳在即,这对美股或许是重大利好。
最近韩国股市经历了一轮猛烈抛售,7月跌幅一度接近20%,创下2008年以来最大单月跌幅。但这轮下跌并非基本面恶化,而是投资者疯狂获利了结的结果——尤其是大量韩国散户买入的杠杆ETF基金正被迫平仓。摩根大通测算,这股平仓潮已完成了约四分之三,抛压正快速减轻。更重要的是,韩国股市的暴跌主要集中在芯片股,而芯片正是这轮AI热潮的核心资产。韩国作为全球存储芯片的“风向标”,其企稳往往预示着美股同类板块也会跟上反弹。目前多家投行认为,韩国股市反映出的只是投资者从芯片板块抽离资金,并非系统性危机。随着抛售动能衰竭,市场有望重拾升势。
对于普通投资者来说,这轮信号意味着不必过度恐慌全球科技股的短期震荡。AI驱动的芯片需求依然强劲,韩股的企稳很可能为美股科技板块注入信心,尤其是那些与AI算力相关的公司。如果你持有相关基金或股票,可以多一些耐心,等待市场消化获利盘后的新一轮机会。
Skip NavigationMarketsPre-MarketsU.S. MarketsEurope MarketsChina MarketsAsia MarketsWorld MarketsCurrenciesPrediction MarketsCryptocurrencyFutures & CommoditiesBondsFunds & ETFsBusinessEconomyFinanceHealth & ScienceMediaReal EstateEnergyClimateTransportationInvestigationsIndustrialsRetailWealthSportsLifeSmall BusinessInvestingPersonal FinanceFintechFinancial AdvisorsOptions ActionETF StreetBuffett ArchiveEarningsTrader TalkTechCybersecurityAIEnterpriseInternetMediaMobileSocial MediaCNBC Disruptor 50Tech GuidePoliticsWhite HousePolicyDefenseCongressExpanding OpportunityEurope PoliticsChina PoliticsAsia PoliticsWorld PoliticsVideoLatest VideoFull EpisodesLivestreamTop VideoLive AudioEurope TVAsia TVCNBC PodcastsCEO InterviewsDigital OriginalsWatchlistInvesting ClubTrust PortfolioAnalysisTrade AlertsMeeting VideosHomestretchJim's ColumnsEducationSubscribePROPro NewsJosh BrownMike SantoliCalls of the DayMy PortfolioLivestreamFull EpisodesStock ScreenerMarket ForecastOptions InvestingChart InvestingSubscribeLivestreamMenuMake ItselectUSAINTLLivestreamSearch quotes, news & videosLivestreamWatchlistSIGN INCreate free accountMarketsBusinessInvestingTechPoliticsVideoWatchlistInvesting ClubPROLivestreamMenuThe sell-off in Korean stocks may soon subside. That could be good news for U.S. marketsPublished Tue, Jul 21 20264:00 PM EDTAlex Harring@alex_harringWATCH LIVESouth Korea's stock market could be turning around — and some investors expect its U.S. counterpart won't be far behind. Traders have viewed the Asian market as a sort of harbinger for U.S. stocks given its relatively high exposure to memory stocks. This booming — albeit volatile — cohort of chip names has been widely crowned the latest beneficiary of the artificial intelligence infrastructure buildout. South Korea's Kospi index has dropped around 20% in July as investors took profits, putting it on track for its biggest monthly loss since 2008. Retail investors in South Korea who have loaded up into single-stock leveraged ETFs have also suffered steep losses recently. Still, the Kospi index is up around 60% in 2026, building on last year's advance of more than 75%. .KS11 YTD mountain Kospi index, year-to-date The recent pullback could be coming to an end, according to JPMorgan's trading desk. In a Tuesday note, the team said it remained overweight on Korea's market and estimated that the leveraged ETF unwind is around three-fourths of the way done. JPMorgan isn't the only firm with an optimistic outlook for the country's market. TS Lombard described the recent drop as a sign of deleveraging from semiconductor stocks rather than a broader bust. Prices are discounting an approximately 45% normalization of memory earnings next year, according to the firm. Similarly, Bank of America's strategists said selling pressure on the Korean market may be "losing momentum" after the recent drawdown. The bank cited that the country's broader market saw bigger losses than its largest stocks for the first time since March, which previously marked a local bottom. To be sure, it's already been a volatile ride for investors. The Kospi index dropped just over 12% in one early March session, which marked its worst day on record .More In PlaybooksWednesday's big stock stories: What’s likely to move the market in the next trading sessionJason Gewirtz2 hours agoWant to diversify away from AI? Goldman says look at these stocksAssiatou HannUBS hikes its year-end S&P 500 target to 8,100. Here's whySarah MinRead MoreSubscribe to CNBC PROSubscribe to Investing ClubLicensing & ReprintsCNBC CouncilsJoin the CNBC PanelDigital ProductsNews ReleasesClosed CaptioningCorrectionsAbout CNBCInternshipsSite MapCareersHelpContactNews TipsGot a confidential news tip? We want to hear from you.Get In TouchCNBC NewslettersSign up for free newsletters and get more CNBC delivered to your inboxSign Up NowGet this delivered to your inbox, and more info about our products and services.Advertise With UsPlease Contact UsAd Choic
分享
阅读原文 ↗