South Korean Stocks Rally as SK Hynix Payout and AI Optimism Boost Markets

Dow Jones10-28 10:54

South Korean stocks rallied as artificial-intelligence enthusiasm gained steam after SK Hynix pledged a $75 billion shareholder payout.

The benchmark Kospi, in which SK Hynix and Samsung Electronics account for nearly half of the market value, rose as much as 6.5% and was recently up 5.7% at 5957.35. Both stocks gained nearly 8%.

The Korea Exchange briefly suspended trading on Kospi early Wednesday after futures rose more than 5%, triggering a five-minute trading halt.

SK Hynix, the world's second-largest memory-chip maker, reported record third-quarter revenue and operating profit, though net profit fell short of analysts' estimates.

The results lifted shares of Samsung Electronics, another major memory-chip maker, as investors bet that surging AI-driven demand for memory will benefit both companies.

SK Hynix's latest earnings should soothe fears that AI spending is running out of road, said Josh Gilbert, an analyst at eToro.

"We're still a long way from seeing everything AI can do, and models keep becoming more capable, which means there's room for that spending to grow, and every smarter model that comes along is going to need more memory than the last," Gilbert said.

The gains extend a rebound in AI-related shares that took hold after Anthropic, developer of the Claude chatbot, made its IPO filing public on Monday. The filing has given investors a fresh read on the economics of AI after worries about heavy spending weighed on tech stocks in recent months.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2678436448?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-10-28 10:54","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2678436448","market":"other","top_or_hot":-1,"title":"South Korean Stocks Rally as SK Hynix Payout and AI Optimism Boost Markets","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  South Korean stocks rallied as artificial-intelligence enthusiasm gained steam after <a href=\"https://laohu8.com/S/SKHY\">SK Hynix</a> pledged a $75 billion shareholder payout. \n</p>\n<p>\n  The benchmark Kospi, in which SK Hynix and <a href=\"https://laohu8.com/S/SSNGY\">Samsung Electronics</a> account for nearly half of the market value, rose as much as 6.5% and was recently up 5.7% at 5957.35. Both stocks gained nearly 8%. \n</p>\n<p>\n  The Korea Exchange briefly suspended trading on Kospi early Wednesday after futures rose more than 5%, triggering a five-minute trading halt. \n</p>\n<p>\n  SK Hynix, the world's second-largest memory-chip maker, reported record third-quarter revenue and operating profit, though net profit fell short of analysts' estimates. \n</p>\n<p>\n  The results lifted shares of <a href=\"https://laohu8.com/S/SSNHZ\">Samsung Electronics</a>, another major memory-chip maker, as investors bet that surging AI-driven demand for memory will benefit both companies. \n</p>\n<p>\n  SK Hynix's latest earnings should soothe fears that AI spending is running out of road, said Josh Gilbert, an analyst at eToro. \n</p>\n<p>\n  \"We're still a long way from seeing everything AI can do, and models keep becoming more capable, which means there's room for that spending to grow, and every smarter model that comes along is going to need more memory than the last,\" Gilbert said. \n</p>\n<p>\n  The gains extend a rebound in AI-related shares that took hold after <a href=\"https://laohu8.com/S/ANT\">Anthropic</a>, developer of the Claude chatbot, made its IPO filing public on Monday. The filing has given investors a fresh read on the economics of AI after worries about heavy spending weighed on tech stocks in recent months. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<pre style=\"white-space: pre\">\n \n</pre>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>South Korean Stocks Rally as SK Hynix Payout and AI Optimism Boost Markets</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSouth Korean Stocks Rally as SK Hynix Payout and AI Optimism Boost Markets\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-10-28 10:54</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  South Korean stocks rallied as artificial-intelligence enthusiasm gained steam after <a href=\"https://laohu8.com/S/SKHY\">SK Hynix</a> pledged a $75 billion shareholder payout. \n</p>\n<p>\n  The benchmark Kospi, in which SK Hynix and <a href=\"https://laohu8.com/S/SSNGY\">Samsung Electronics</a> account for nearly half of the market value, rose as much as 6.5% and was recently up 5.7% at 5957.35. Both stocks gained nearly 8%. \n</p>\n<p>\n  The Korea Exchange briefly suspended trading on Kospi early Wednesday after futures rose more than 5%, triggering a five-minute trading halt. \n</p>\n<p>\n  SK Hynix, the world's second-largest memory-chip maker, reported record third-quarter revenue and operating profit, though net profit fell short of analysts' estimates. \n</p>\n<p>\n  The results lifted shares of <a href=\"https://laohu8.com/S/SSNHZ\">Samsung Electronics</a>, another major memory-chip maker, as investors bet that surging AI-driven demand for memory will benefit both companies. \n</p>\n<p>\n  SK Hynix's latest earnings should soothe fears that AI spending is running out of road, said Josh Gilbert, an analyst at eToro. \n</p>\n<p>\n  \"We're still a long way from seeing everything AI can do, and models keep becoming more capable, which means there's room for that spending to grow, and every smarter model that comes along is going to need more memory than the last,\" Gilbert said. \n</p>\n<p>\n  The gains extend a rebound in AI-related shares that took hold after <a href=\"https://laohu8.com/S/ANT\">Anthropic</a>, developer of the Claude chatbot, made its IPO filing public on Monday. The filing has given investors a fresh read on the economics of AI after worries about heavy spending weighed on tech stocks in recent months. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<pre style=\"white-space: pre\">\n \n</pre>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"QTOC","symbol_name":"Innovator Growth Accelerated Plus ETF - October","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2678436448","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2678436448","pubTimestamp":1793156040,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"South Korean stocks rallied as artificial-intelligence enthusiasm gained steam after SK Hynix pledged a $75 billion shareholder payout.The benchmark Kospi, in which SK Hynix and Samsung Electronics ac","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"QTOC":"Innovator Growth Accelerated Plus ETF - October","DRAL":"2倍做多DRAM ETF-Defiance","SSNHZ":"Samsung Electronics Co., Ltd.","RAMZ":"T-REX 2X INVERSE DRAM DAILY TARGET ETF","ARTY":"ISHARES FUTURE AI & TECH ETF","RAM":"2倍做多DRAM ETF-T-REX","AIPO":"Defiance AI and Power Infrastructure ETF","CHAT":"ROUNDHILL GENERATIVE AI & TECHNOLOGY ETF","AGIX":"通用人工智能 ETF-AGIX","VTHR":"Vanguard Russell 3000 ETF"},"translate_title":"SK海力士派息和人工智能乐观情绪提振市场，韩国股市上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RAM":1.5,"VTHR":1.5,"ARTY":1.5,"AGIX":1.5,"RAMZ":0.6,"AIPO":1.5,"QTOC":1.5,"CHAT":1.5,"SSNHZ":0.9,"DRAL":0.6},"content_text":"South Korean stocks rallied as artificial-intelligence enthusiasm gained steam after SK Hynix pledged a $75 billion shareholder payout. \n\n\n  The benchmark Kospi, in which SK Hynix and Samsung Electronics account for nearly half of the market value, rose as much as 6.5% and was recently up 5.7% at 5957.35. Both stocks gained nearly 8%. \n\n\n  The Korea Exchange briefly suspended trading on Kospi early Wednesday after futures rose more than 5%, triggering a five-minute trading halt. \n\n\n  SK Hynix, the world's second-largest memory-chip maker, reported record third-quarter revenue and operating profit, though net profit fell short of analysts' estimates. \n\n\n  The results lifted shares of Samsung Electronics, another major memory-chip maker, as investors bet that surging AI-driven demand for memory will benefit both companies. \n\n\n  SK Hynix's latest earnings should soothe fears that AI spending is running out of road, said Josh Gilbert, an analyst at eToro. \n\n\n  \"We're still a long way from seeing everything AI can do, and models keep becoming more capable, which means there's room for that spending to grow, and every smarter model that comes along is going to need more memory than the last,\" Gilbert said. \n\n\n  The gains extend a rebound in AI-related shares that took hold after Anthropic, developer of the Claude chatbot, made its IPO filing public on Monday. The filing has given investors a fresh read on the economics of AI after worries about heavy spending weighed on tech stocks in recent months.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.52.0","shortVersion":"4.52.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2678436448","isCrawlerRequest":true}