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Samsung Electronics and SK hynix shares surge as South Korean market index gains 11%

Thursday, February 19, 2026 at 09:27 PM

Shares of major South Korean semiconductor manufacturers surged significantly as part of a broader market rally, with Samsung Electronics increasing by 13% and SK hynix rising by 15%.

Context

The South Korean semiconductor sector saw a dramatic recovery on March 4, 2026, following a period of extreme volatility dubbed Black Tuesday. Shares of Samsung Electronics surged 13% and SK hynix jumped 15%, fueling an 11% gain in the Seoul Composite Index. This rebound follows a massive sell-off triggered by geopolitical tensions in the Middle East and concerns over energy security that had previously sent the KOSPI tumbling over 7% and forced the activation of market circuit breakers. Investors remain focused on the memory super cycle and the rapid scaling of AI-related supply chains. While foreign investors previously offloaded a record 5.17 trillion won in a single day, the underlying demand for High-Bandwidth Memory (HBM) remains robust. Samsung recently began mass production of HBM4 chips to catch up with SK hynix, which reported record 2025 profits driven by a 66% surge in quarterly revenue. Analysts suggest that while large-cap stocks are sensitive to global macro shifts, the long-term outlook for South Korean chipmakers remains tied to their dominance in the AI data center market.

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