SK HYNIX SURGES 25%, SAMSUNG UP OVER 20% AS CHIP STOCKS REBOUND The Seoul rally tracks an overnight surge in US technology stocks after Amazon $AMZN and Microsoft $MSFT cloud results. SK Hynix is on course for its best day on record if the gains hold. Elsewhere in Asia: • Advantest: +18% • Disco: +13% • Lasertec: +12% • Renesas: +10% • SoftBank Group: +9% • Tokyo Electron: +9% The iShares Semiconductor ETF $SOXX rose more than 8% overnight. The move reverses a week of selling driven by concerns over AI valuations and competition from Chinese memory chipmakers, per CNBC.

SK HYNIX SURGES 25%, SAMSUNG UP OVER 20% AS CHIP STOCKS REBOUND The Seoul rally tracks an overnight surge in US technology stocks after Amazon $AMZN and Microsoft $MSFT cloud results. SK Hynix is on course for its best day on record if the gains hold. Elsewhere in Asia: • Advantest: +18% • Disco: +13% • Lasertec: +12% • Renesas: +10% • SoftBank Group: +9% • Tokyo Electron: +9% The iShares Semiconductor ETF $SOXX rose more than 8% overnight. The move reverses a week of selling driven by concerns over AI valuations and competition from Chinese memory chipmakers, per CNBC.

Source:https://x.com/faststocknewss/status/2082994666472190386