[Alpha Biz=(Chicago) Reporter Paul Lee] Samsung Electronics, which recovered to the KRW 70,000 level last week, is hitting a new high every day of the year. SK Hynix also rose more than 1%, replacing its ointment.

On the 30th, Samsung Electronics finished trading at 72,300 won, up 2,000 won (2.84%) from the previous day. This is the highest point this year and the highest since March 3 last year (72,900 won).

SK Hynix, another semiconductor leader, also closed at 113,300 won, up 1,100 won (1.01%) from the previous trading day, breaking its tie for the third consecutive trading day. Stock prices jumped 3.85% during the day.

On this day, foreigners bought Samsung Electronics for 444.3 billion won and SK Hynix for 162.2 billion won. Foreigners' net purchase of Samsung Electronics exceeded 10 trillion won this year.

Amid growing prospects for improvement in the semiconductor industry, rising expectations for growth in the artificial intelligence (AI) industry due to NVIDIA, a U.S. semiconductor company, seems to have been reflected in investor sentiment.

"Semiconductor stocks continue to rise due to expectations of soaring demand for memory semiconductors due to the development of the AI industry and a visible outlook for Samsung Electronics to cut production in the second half of the year," said Kim Seok-hwan, a researcher at Mirae Asset Securities Co.

Foreigners bought 9.8147 trillion won worth of Samsung Electronics this year.

Stock industry sources forecast that semiconductor supply and demand will improve faster and semiconductor will play a leading role in the second half of the year following secondary batteries.

 

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