Samsung Electronics Soars More than 5% to Record High as South Korean Stock Market Approaches 8000 Point Threshold

On May 14th, Japanese and Korean stock markets opened higher. As of 9:40 Beijing time, the Nikkei 225 index increased by 0.55%.

Japanese semiconductor stocks rose, with Renesas Electronics surging over 10%, ROHM Semiconductor jumping over 14.88%, Advantest increasing over 3%, and Tokyo Electron rising over 2%. In addition, in popular individual stocks, Sony fell over 5%, and SoftBank Group declined by about 3.5%.

The South Korean Composite Index rose by 2%, reaching approximately 7980 points, continuously climbing and setting a new historical high. Popular semiconductor stocks showed divergent trends. After Samsung Electronics announced that it would start mass production of next-generation CXL memory modules for AI servers later this year, its stock price climbed over 5%. SK Hynix increased by 0.6%, while Hanmi Semiconductor fell over 2%.