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The benchmark KOSPI climbed more than 1% to around 7,120 on Tuesday, extending gains for a third consecutive session as a rally in AI-related US stocks lifted Korean chipmakers. The Nasdaq Composite jumped 2.3% to a record high, while the US semiconductor sector advanced strongly, reinforcing optimism over AI demand. S
South Korean shares rose 1.94% on Tuesday, tracking Wall Street gains. The KOSPI was up 135.91 points to 7,143.63. Shares of Samsung Electronics rose 2.28% and SK Hynix gained 2.94%. The won strengthened 1% against the dollar to 1,365.7, while the benchmark 10-year bond yield fell 0.8 basis points to 4.438%. Foreigners
The Nasdaq hit a record closing high, boosted by AI stocks, while falling oil prices and retreating Treasury yields improved risk sentiment. European shares rallied, led by banks and tech, and Asian markets were mixed, with Japan higher and China/Hong Kong up on hopes of a trade truce.
Global stocks climbed as AI demand boosted tech shares and oil prices eased. European bonds led a rally in debt markets, with German 10-year yields falling 5 basis points to 3.472%.
South Korea’s benchmark KOSPI rose nearly 4% to around 6,830, its highest level in almost three weeks, as chipmakers rallied and softer-than-expected US inflation supported risk appetite.
Sandisk Corporation (NASDAQ: SNDK ) stock fell nearly 10% in Thursday’s premarket session as investors questioned whether the memory-chip maker can sustain its unusually high profit margins after posting stronger-than-expected quarterly results. The reaction contrasted with Sandisk’s quarterly performance. The company
SK hynix Inc. (NASDAQ: SKHY ) earned more in three months than it did in all of 2025. Its shares are on track for their worst month since 2002. Both statements describe the same company in the aftermath of the second-quarter 2026 earnings report. The Icheon-based memory maker reported quarterly revenue of 79.32 trillio
Samsung Electronics (OTC: SSNLF ) on Tuesday is expected to deliver another record-breaking quarter as surging AI-driven demand for memory chips continues to lift prices, though higher employee bonus costs could weigh on reported earnings. AI Memory Boom Expected to Drive Another Record Quarter Samsung is expected to r
Asia's technology stocks mostly rebounded on Wednesday amid choppy trading following a global selloff in the previous session
Asian technology stocks rebound after global selloff, with Samsung jumping 9% and European chip stocks steady
Asia's technology stocks rebound after global rout, led by Samsung's 9% gain
Asian technology stocks rebound after global rout, with Samsung rising 9% and other tech stocks mixed
Asian technology stocks trade mixed as Samsung rebounds, but chip shares remain under pressure after global selloff
SK Hynix briefly surpasses Samsung Electronics to become South Korea's most valuable listed company due to high demand for AI memory chips