South Korean chip stocks rally after Micron's strong AI-driven earnings beat expectations
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CNA
2h ago· 2 min readenNews
Summary
South Korean semiconductor stocks, led by SK Hynix and Samsung Electronics, surged after U.S. chipmaker Micron Technology reported better-than-expected quarterly results and forecasts, reinforcing optimism about sustained AI-driven demand for memory chips. SK Hynix shares rose up to 11.6% and Samsung up to 6.2% in early trading, tracking a broader rally in U.S. chip stocks.
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bskySouth Korean chip stocks rally after Micron's strong AI-driven earnings beat expectationschannelnewsasia.comKey quotes
· 3 pulledSouth Korean semiconductor shares rallied on Thursday after U.S. memory chipmaker Micron Technology's quarterly results and forecast beat expectations
Shares of SK Hynix and Samsung Electronics rose as much as 11.6 per cent and 6.2 per cent, respectively, in early trade
Micron's earnings and outlook reinforced confidence in the memory sector
SEOUL, June 25 : South Korean semiconductor shares rallied on Thursday after U.S. memory chipmaker Micron Technology's quarterly results and forecast beat expectations, boosting optimism over sustained demand for AI-related chips.Shares of SK Hynix and Sa
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