South Korean stock market sees a 4% rise due to increased memory demand for AI
2026-08-05 09:46:20
According to CoinMeta, the South Korean stock market rose by 4% at the opening due to a surge in demand for AI memory. SK Hynix and Samsung reportedly have sold out their DRAM and high-bandwidth memory (HBM) production capacity, which will last until 2027. The tight supply caused the stock price of SK Hynix to rise by more than 5%, and the stock price of Samsung to rise by more than 3.5%.
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