📰 ET Markets 🟢 BULLISH 🕒 28 Oct 2026, 10:24 AM IST

Global Market: South Korean shares surge 6% as SK Hynix earnings fuel AI chip rally

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Core Development: Global Market: South Korean shares surge 6% as SK Hynix earnings fuel AI chip rally

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Market & Financial Impact: South Korean shares surged nearly 6% on Wednesday, driven by SK Hynix and Samsung Electronics following strong earnings and optimism over AI-driven memory chip demand. SK Hynix reported a seven-fold profit increase, while foreign investors bought shares worth $444 million. The rally reflected broader global enthusiasm for artificial intelligence investments.

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Actionable Insight: 🟢 Bullish Trigger: Positive business expansion or earnings beat may attract institutional and retail buying.

Samsung Electronics, another major beneficiary of the AI-driven semiconductor boom, advanced 8.90%, helping lift the broader market.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

Read Original Full Coverage on Economic Times ↗

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Global Market: South Korean shares surge 6% as SK Hynix earnings fuel AI chip rally

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