South Korean shares surge after chip stock rout

It comes after a three-day rout that wiped hundreds of billions of dollars off the value of the country's stock market.

Yen Intervention on Watch; Korean Stocks Jump by Record | The Asia Trade 7/31/2026

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SK Hynix shares surge 25%, while Samsung soars over 20% as AI rally roars back

South Korea's chip heavyweights SK Hynix and Samsung Electronics soared more than 20% on Friday, tracking a sharp rally in U.S. technology stocks.

SK hynix hits daily limit as chip stocks extend dramatic rebound

SK hynix shares hit their daily upper limit Friday, as South Korean chipmakers extended a sharp rebound following a recent market rout. The stock surged 29.95 percent to 1,718,000 won ($1,203) in afternoon trading on the Kospi, briefly touching the 30 percent ceiling after opening 28.37 percent higher. South Korea limits daily stock-price movements to 30 percent in either direction, a threshold the Korea Exchange raised from 15 percent in June 2015. The rally came a day after SK Group Chairman C

By The Korea Herald

Samsung and SK Hynix answer AI doubters with big numbers and deals

Market participants want answers to a far bigger question than last quarter's profitability: Is the pace of AI infrastructure spending sustainable?

Volatile South Korean shares soar on renewed semiconductor buying

SK Hynix and Samsung surge as US tech earnings reignite AI optimism