South Korean chip stocks surge after Micron's strong earnings and AI demand outlook
By
CNA
3h ago· 2 min readenNews
Summary
South Korean semiconductor stocks, including SK Hynix and Samsung Electronics, rallied on Thursday following U.S. memory chipmaker Micron Technology's better-than-expected quarterly results and forecast. The positive market reaction reflects growing optimism about sustained demand for AI-related chips in the semiconductor industry.
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Key quotes
· 3 pulledSouth Korean semiconductor shares rallied on Thursday after U.S. memory chipmaker Micron Technology's quarterly results and forecast topped expectations
boosting optimism over sustained demand for AI-related chips
Shares of SK Hynix and Samsung Electronics rose as much as 11.1 per cent and 5
SEOUL, June 25 : South Korean semiconductor shares rallied on Thursday after U.S. memory chipmaker Micron Technology's quarterly results and forecast topped expectations, boosting optimism over sustained demand for AI-related chips.Shares of SK Hynix and
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