Chipmakers Samsung and SK Hynix soar nearly 30% as Amazon sparks relief rally - Proactive financial news

On July 31, 2026, the global semiconductor industry experienced a notable rebound, with chipmakers Samsung Electronics and SK Hynix surging nearly 30%. The rally was primarily driven by strong earning... Read original →

The recent surge in semiconductor stocks, led by Samsung and SK Hynix, was driven by strong earnings from Amazon and Microsoft, signaling renewed confidence in AI infrastructure demand. Amazon's cloud revenue growth and increased capital expenditure to $220B reflect robust investment in AI infrastructure, while Microsoft’s Azure and Copilot adoption fueled a massive stock rally. However, this recovery is more a short-term sentiment reset than a structural shift. Despite gains in Asian markets, the KOSPI is on track for its worst monthly decline since 1997, underscoring macro risks. U.S. chipmakers like Micron, AMD, and Intel also rose, but the sector remains vulnerable to cyclical downturns and geopolitical tensions. In the next 12–24 months, sustained AI adoption may accelerate capacity expansion, but supply chain fragility and regional policy shifts will likely constrain long-term growth.