Driven by the strength of US tech stocks overnight, South Korea's semiconductor sector saw a significant surge in early trading.
Odaily reported that driven by the strength of US tech stocks overnight, South Korea's semiconductor sector surged in early trading on the 22nd. As of 8:11 Beijing time, Samsung Electronics rose 5.79% to 274,000 won; SK Hynix rose 8.50%, briefly touching 2 million won for the first time since July 15.
In the US stock market overnight, Nvidia rose 1.97% as its next-generation AI server platform, Vera Rubin, has entered mass production and begun shipping to major customers; Micron surged 12.17%, Broadcom rose 2.21%, propelling the Philadelphia Semiconductor Index to soar 5.21%. Additionally, SK Hynix's ADR jumped 13.75% overnight to close at $171.94.
In terms of capital flows, foreign investors have net purchased 717.6 billion won in the electrical and electronics sector of the South Korean stock market, while retail investors and institutional investors have net sold 370.6 billion won and 345.8 billion won, respectively.
