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[Featured Stock] 'U.S. Tailwind' Lifts Samsung Electronics and SK Hynix Over 5%

Samsung Electronics and SK Hynix are both on an upward trend, buoyed by positive momentum from the United States.


[Featured Stock] 'U.S. Tailwind' Lifts Samsung Electronics and SK Hynix Over 5%

As of 9:37 a.m. on February 9, Samsung Electronics was trading at 167,500 won, up 5.61% from the previous trading day, and SK Hynix was trading at 888,000 won, up 5.84%.


Samsung Electronics plunged 5.80% on February 5 and fell a further 0.44% on February 6, as weakness in U.S. technology stocks acted as a negative factor. However, within three days it climbed back to the 160,000-won level.


Samsung Electronics plans to begin mass production and shipment of HBM4, the world’s highest-performance next-generation high-bandwidth memory (HBM), after the Lunar New Year holiday, as early as the third week of this month, becoming the first in the world to do so.


SK Hynix, which had fallen for three consecutive trading days before rebounding, is now on the verge of reclaiming the 900,000-won level.


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