[Featured Stocks] Samsung Electronics and SK Hynix Rise Together... Impact of US Nvidia Rebound

Semiconductor leaders Samsung Electronics and SK Hynix showed strong performance in the early trading session on the 2nd. This is interpreted as being influenced by the rebound in the stock price of the U.S. semiconductor company Nvidia in the New York stock market the previous day.

[Image source=Yonhap News]

As of 9:23 a.m. on the day, Samsung Electronics' stock price on the KOSPI market was trading at 71,800 KRW, up 1.27% compared to the previous trading day.

At the same time, SK Hynix was also up 1.27%, trading at 111,700 KRW.

These stocks have recently shown an upward trend in line with the rising stock prices of U.S. semiconductor companies centered around Nvidia.

In particular, Samsung Electronics had set new 52-week intraday highs for four consecutive trading days until the 31st of last month.

[Image source=Yonhap News]

On the previous day, Samsung Electronics closed weak due to a decline in Nvidia's stock price caused by profit-taking sales, but it turned strong again on this day.

In the earlier U.S. New York stock market, Nvidia rose 5.12% following news that the global asset management firm GQG Partners purchased $2.3 billion (about 3 trillion KRW) worth of shares in the first quarter of this year.

In addition, Microsoft (1.28%), Meta (2.98%), and the Philadelphia Semiconductor Index also rose 1.55%.

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