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South Korean Chip Stocks Surge on Upbeat U.S. Tech Rally
The Business Guardian
|September 15, 2025
South Korean semiconductor stocks rose Friday morning, buoyed by strong momentum in U.S. tech stocks, as per a report by Pulse, the English service of Maeil Business Newspaper Korea.
SK hynix Inc. shares were trading at 321,500 won (USD 231.39) as of 9:19 a.m. on Friday, up 4.72 percent from the previous session, marking its ninth consecutive day of gains since September 2.
The stock rose as high as 325,000 won intraday, surpassing its previous record high set on Thursday.
Samsung Electronics Co. shares also gained 1.77 percent to 74,700 won. They rose to a 52-week high of 75,000 won earlier in the session.
The rally came amid expectations of U.S. interest rate cuts. The Philadelphia Semiconductor Index—composed of major U.S. tech stocks—also rose for a sixth straight session overnight.
Dit verhaal komt uit de September 15, 2025-editie van The Business Guardian.
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