[Featured Stocks] Investor Sentiment Focused on Semiconductors... Samsung Electronics and SK Hynix Up Over 2% Early in Trading

Samsung Electronics and SK Hynix are showing an upward trend in the early trading session.

At 9:10 a.m. on the 19th, Samsung Electronics was trading at 67,800 won, up 2.42% from the previous trading day. SK Hynix was also up 1.6% at 95,100 won at the same time. On the 18th (local time), the Philadelphia Semiconductor Index rose more than 3% in the U.S. stock market, attracting investment sentiment to semiconductor-related stocks. As a result, semiconductor-related stocks are gaining momentum in the domestic stock market on the 19th.

Recently, the semiconductor sector has been on the rise due to expectations of a bottom in the industry conditions, the merger issue between Kioxia and Western Digital, and the outlook for increased demand related to AI. Choi Yujun, a researcher at Shinhan Financial Investment, said, “With the recognition of the semiconductor industry's bottom and the AI momentum overlapping, foreign investors' demand is directed toward the semiconductor sector. In the Japanese stock market as well, semiconductor materials and equipment stocks are showing outstanding performance, and the semiconductor sector is showing synchronization in the U.S., Japan, and Taiwan stock markets.”

This content was produced with the assistance of AI translation services.