Samsung and SK Hynix Shares Rally as Kospi Posts Biggest Daily Gain Since February

TLDR The Kospi rose 3.09% to close at 5,638.34, its biggest daily gain since February. Samsung Electronics gained 4.23% and SK Hynix rose 5.18% after Anthropic’s IPO filing lifted AI sentiment. Both chipmakers reportedly target Q2 2027 shipments of eight-layer HBM4 chips to Nvidia. SK Hynix is reportedly weighing a special dividend of about 16 trillion won but has made no decision. SK Hynix reports Q3 results on October 28, followed by Samsung on October 29. South Korean stocks rallied on Tuesday as renewed interest in artificial intelligence lifted investor mood. Samsung Electronics and SK Hynix led the gains. The Kospi rose 168.87 points, or 3.09%, to close at 5,638.34. Intraday, it was up as much as 3.4%, its biggest daily gain since February. The rise follows a hard October.

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