Samsung Electronics Seocho Office in Seocho-gu, Seoul. /News1
Samsung Electronics surpassed KRW 100,000 in the NextTrade (NXT) pre-market (8:00 AM to 8:50 AM), setting a new all-time high.
On the morning of the 27th at 8:10 AM, Samsung Electronics was trading at KRW 100,500 in the pre-market, up KRW 1,700 (1.72%) from the previous day. It rose to KRW 100,700 in the early session. Although this is not the Korea Exchange regular session, it is the first time Samsung Electronics' stock price has exceeded KRW 100,000.
The financial investment industry forecasts that the upward trend in Samsung Electronics' stock price will continue. The development of the artificial intelligence (AI) industry and increased demand for general server DRAM replacements are analyzed to have brought about a prolonged semiconductor boom, referred to as the 'memory supercycle.'
SK Hynix also reached an all-time high. At the same time, it was trading at KRW 534,000, up KRW 24,000 (4.71%). It touched an all-time high of KRW 541,000 during the session.
Expectations of easing U.S.-China trade tensions are boosting domestic stocks, including semiconductor stocks. U.S. Treasury Secretary Scott Besant announced on the 26th (local time) that after high-level talks in Malaysia, the two countries are close to reaching a trade agreement.
Lee Hye-won
AI-translated with ChatGPT. Provided as is; original Korean text prevails.
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