Samsung, SK Hynix reignite Kospi rally as AI spending fears fade - KED Global

South Korea's stock market showed significant rebound on August 10, 2026, with the Kosdaq index surging 7% to close at 854.47, outperforming the benchmark Kospi index. The rally was primarily driven b... Read original →

The resurgence in semiconductor stocks signals a recovery in AI investment sentiment. The previous market downturn was driven by concerns over reduced AI spending, but renewed global tech recovery has boosted investor confidence. Samsung Electronics and SK Hynix are leading the rebound, driving upstream equipment vendors and downstream foundry players to recover. Technologically, this uptrend supports accelerated deployment of advanced nodes, especially in EUV lithography and advanced packaging. From a policy standpoint, reduced geopolitical tensions offer supply chain stability, although ongoing US-China tech decoupling forces Korean firms to strengthen domestic capabilities. Competitively, TSMC and UMC may expand capacity to capture AI chip market share. Over the next 12-24 months, the semiconductor cycle is expected to enter an upward phase, particularly in AI server chips and data center storage, where Korean players are well-positioned to gain market share.