[Featured Stock] Samsung Electronics Recovers 60,000 Won Intraday Amid Semiconductor Investor Sentiment Rebound

[Asia Economy Reporter Minji Lee] Samsung Electronics rose above 60,000 won during trading, supported by a recovery in investment sentiment in the semiconductor sector.

At 9:23 AM on the 5th in the KOSPI market, Samsung Electronics was trading at 60,000 won, up 1.87% from the previous session. On the same day, Samsung Electronics reached as high as 60,200 won during trading.

Choi Dohyun, a researcher at Shinhan Financial Investment, said, “There has been a noticeable increase in server demand recently,” adding, “With the beginning of inventory reduction for DRAM and NAND, the semiconductor industry is expected to enter a turnaround phase this year.”