U.S. semiconductor company Nvidia reported earnings that exceeded market expectations, leading to a simultaneous rise in the stock prices of domestic semiconductor-related stocks in the early trading session on the 22nd.
As of 10:01 a.m. on the same day, SK Hynix was trading at 154,200 KRW, up 3.56% from the previous trading day on the KOSPI market. Samsung Electronics rose 0.68%, and Hanmi Semiconductor increased by 3.91%. Isu Petasys also rose more than 5%, up 5.53%.
Nvidia announced that it recorded $22.1 billion (29.5035 trillion KRW) in revenue and $5.15 (6,875 KRW) in earnings per share for the fourth quarter of last year. Revenue increased by 265% compared to the same period a year earlier, and gross profit surged 769% to $12.29 billion.
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