Samsung and SK Hynix Lead Asian Stock Surge as AI Drives Memory Chip Demand
TLDR
- South Korea’s Kospi index closed 4.6% higher on Monday, led by Samsung and SK Hynix
- Samsung shares rose 5.7% and SK Hynix jumped 8.3% on AI-driven chip demand
- Global DRAM market revenue hit $154.73 billion in Q2 2026, up 59.5% quarter-on-quarter
- Samsung and SK Hynix together hold about 64% of the global DRAM market
- DRAM prices are forecast to rise 13% to 18% in Q3 2026
South Korea’s stock market jumped on Monday as investors backed the continued growth of artificial intelligence, pushing memory chip makers higher.
The Kospi index closed 4.6% up. Samsung rose 5.7% and SK Hynix gained 8.3%, both closing at multi-month highs. SK Hynix ended the day at 1.783 million won, while Samsung closed at 270,000 won.
Tokyo’s Nikkei 225 also moved higher, gaining 2.1%. Mainland China’s CSI 300 added 0.6%, though Hong Kong’s Hang Seng dipped 0.9%.
A strong U.S. jobs report released Friday may have added fuel to the rally. The U.S. economy added 162,000 payrolls in August, well above what economists had expected.
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