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The stock prices of Samsung Electronics and SK Hynix rebounded sharply on July 31, with increases of more than 20%. As of about 14:00 local time, Samsung Electronics had risen 24.88% to 258,500 won per share, and SK Hynix had risen 30% to 1715,000 won per share, hitting a rise and fall board; South Korea's KOSPI index also rose 18% to 6,600 points, driven by this. According to the news, Samsung Electronics expects sales of high-bandwidth memory HBM4 to more than double in the third quarter compared to the second quarter. SK Group Chairman Choi Tae-won directly bought SK Hynix shares for the first time. However, analysts believe that the “bottom is already at the bottom” is still too early to say. On July 28-30, the stock prices of Samsung Electronics and SK Hynix have been falling for three consecutive days, and Korea's KOSPI index has also been falling continuously, with a cumulative decline of 17% over the three days. The market still has concerns about whether the AI storage market will peak.
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The stock prices of Samsung Electronics and SK Hynix rebounded sharply on July 31, with increases of more than 20%. As of about 14:00 local time, Samsung Electronics had risen 24.88% to 258,500 won per share, and SK Hynix had risen 30% to 1715,000 won per share, hitting a rise and fall board; South Korea's KOSPI index also rose 18% to 6,600 points, driven by this. According to the news, Samsung Electronics expects sales of high-bandwidth memory HBM4 to more than double in the third quarter compared to the second quarter. SK Group Chairman Choi Tae-won directly bought SK Hynix shares for the first time. However, analysts believe that the “bottom is already at the bottom” is still too early to say. On July 28-30, the stock prices of Samsung Electronics and SK Hynix have been falling for three consecutive days, and Korea's KOSPI index has also been falling continuously, with a cumulative decline of 17% over the three days. The market still has concerns about whether the AI storage market will peak.
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