Driven by the strength of US tech stocks overnight, South Korea's semiconductor sector surged in early trading

Odaily Planet Daily News 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 Korean won; SK Hynix rose 8.50%, briefly touching 2 million Korean won, 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 key customers. Micron surged 12.17%, and Broadcom rose 2.21%, driving the Philadelphia Semiconductor Index to soar 5.21%. Additionally, SK Hynix's ADR rose 13.75% overnight to close at $171.94.

In terms of capital flows, foreign investors have net bought 717.6 billion Korean won in the electrical and electronics sector of the South Korean stock market, while individual investors and institutional investors have net sold 370.6 billion Korean won and 345.8 billion Korean won, respectively.