The CSOP SK Hynix Daily (2x) Leveraged Product (07709) experienced a significant surge of 5.21% during Monday's trading session, reflecting growing optimism in the semiconductor industry. This movement comes as major players in the South Korean tech sector announce ambitious plans in the AI chip market.
The surge in the leveraged product's price is likely influenced by positive sentiment surrounding SK Hynix's parent company and its competitors. Samsung Electronics, a major rival of SK Hynix, recently announced that it is in "close discussion" to supply its next-generation high-bandwidth memory (HBM4) chips to Nvidia. This development signals strong demand for advanced memory chips in the AI sector, which could benefit SK Hynix as well.
Furthermore, the South Korean government's plans to invest heavily in AI infrastructure, including the deployment of over 50,000 of Nvidia's latest chips, is boosting investor confidence in the semiconductor industry as a whole. With major conglomerates like Samsung Electronics, SK Group, and Hyundai Motor Group each planning to deploy up to 50,000 AI chips in smart factories, the demand for high-performance memory chips is expected to grow significantly. As a key player in the memory chip market, SK Hynix stands to benefit from this increased demand, which is reflected in the strong performance of its leveraged product.
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