SK Hynix and Samsung Electronics are showing strong gains in early trading on June 25, following a surprising earnings report from U.S. chipmaker Micron.
According to the Korea Exchange, as of 9:05 a.m., SK Hynix shares rose by 265,000 won (10.27%) to 2,845,000 won. Samsung Electronics also saw an increase of 16,500 won (4.85%), reaching 357,000 won.
Micron reported a revenue of $41.46 billion and an adjusted earnings per share (EPS) of $25.11 for the third quarter of the 2026 fiscal year (March to May).
Following the earnings announcement, Micron's stock surged in after-hours trading, reflecting a double-digit increase. This rise is attributed to sustained demand for high-bandwidth memory (HBM) and server DRAM, driven by expanded investments in AI data centers, alleviating concerns about the market outlook.
Investors view Micron's performance as a leading indicator for the global memory market. Analysts suggest that SK Hynix, which leads the HBM market, and Samsung Electronics, which is expanding its next-generation HBM4 supply, are expected to benefit directly from this positive trend.
Additionally, the ongoing process for SK Hynix's listing of American Depositary Receipts (ADRs) on the Nasdaq is boosting investor sentiment. The company plans to conduct demand forecasting and roadshows for global institutional investors ahead of its ADR listing targeted for July 10.
* This article has been translated by AI.
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