South Korea's semiconductor stocks surged on Friday, extending a broader global AI rally after stronger-than-expected earnings from Amazon and Microsoft reignited optimism around artificial intelligence infrastructure spending.
SK Hynix rose as much as 28.4%, while Samsung Electronics gained 23.7%, according to the latest market data.
Samsung Electro-Mechanics also climbed nearly 30%, while Hyundai Motor advanced close to 8%. The rally helped lift the KOSPI Composite Index more than 17% to 6,546.82.
Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay
-
Indian Markets Turning Corner After Two Tough Years, Says Sandeep Tandon -
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI
The gains followed a sharp rebound in global semiconductor stocks after blockbuster results from the two US technology giants reinforced confidence that AI-related spending remains resilient.
Amazon's cloud business exceeded expectations, while Microsoft reported stronger-than-expected Azure growth, easing concerns that demand for AI infrastructure was slowing.
The rally also spread across Japan, with major chip-related stocks posting strong gains as investors returned to the semiconductor sector following this week's sell-off driven by valuation concerns and rising competition from Chinese memory chipmakers.
The broader recovery reflects renewed investor confidence that AI-driven demand for advanced chips and cloud infrastructure remains intact, reversing part of the sharp decline seen earlier this week.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
