SK Hynix Surpasses 2 Million Won in Pre-Market Trading as KOSPI Attempts to Break 8000

 
The KOSPI index is attempting to break the 8000 mark after rebounding in a single day, with Samsung Electronics and SK Hynix showing strong performance in early trading.
 
According to NextTrade, as of 8:32 a.m. on May 14, Samsung Electronics was trading at 286,500 won, up 2,500 won (0.88%) from the previous trading day. At the same time, SK Hynix recorded a rise of 19,000 won (0.96%), reaching 1,995,000 won, even surpassing 2 million won in pre-market trading.
 
This surge appears to be influenced by the strong performance of semiconductor stocks on the New York Stock Exchange, which closed higher on May 13, local time. The S&P 500 index finished up 43.29 points (0.58%) at 7,444.25, while the tech-heavy Nasdaq Composite rose by 314.14 points (1.20%) to close at 26,402.34.
 
Samsung Electronics and SK Hynix have been experiencing record highs recently, driven by growing demand for high-bandwidth memory (HBM) in AI applications. Analysts believe that the ongoing expansion of AI investments will likely sustain a bullish trend in the semiconductor sector for the foreseeable future. Despite a breakdown in labor negotiations leading to an impending strike announced by the union, Samsung Electronics continues to see an upward trend.
 
The previous day, the KOSPI managed to hold above the 7800 level despite foreign selling, and it is expected to attempt to break through 8000 today.