Samsung and SK Hynix Shares Surge After Report Singapore’s Temasek Plans Major Investment
TLDR
- Singapore sovereign wealth fund Temasek is reportedly planning to invest directly in Samsung and SK Hynix
- Both South Korean chipmakers rose over 7% on the news, pushing the KOSPI up more than 4%
- This would mark Temasek’s first investment in South Korean stocks
- Temasek reportedly views memory chips in the AI supply chain as undervalued
- Asian chip stocks got an extra lift from strong earnings at CoreWeave and Super Micro
Samsung Electronics and SK Hynix shares jumped sharply on Wednesday after a South Korean media report said Singapore’s state investment fund Temasek is planning to invest in both companies.
Asia Business Daily reported that Temasek contacted the Korean government to discuss the timing of the investment. The fund has decided to invest directly using its own internal team rather than through outside asset managers.
Shares Jump Over 7%
Samsung and SK Hynix each rose more than 7% in Korean trade. The broader KOSPI index climbed over 4% on the day.
Both stocks have had a strong 2026. They are still up more than 100% each for the year, driven by surging demand for memory chips used in AI systems.
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