# South Korean Shares Surge 6% on AI Chip Rally

> SK Hynix earnings boost South Korean stocks 6% amid AI chip demand.
- Title: South Korean Shares Surge 6% on AI Chip Rally | Shortify
- Summary: SK Hynix earnings boost South Korean stocks 6% amid AI chip demand. South Korean shares rose 6% after SK Hynix reported stronger-than-expected quarterly…
- Keywords: sk hynix, south korean shares, kospi, ai chip, semiconductor, samsung electronics, ai boom, money, business, South, Korean, Shares
- Source: The Economic Times — https://economictimes.indiatimes.com/markets/us-stocks/news/global-market-south-korean-shares-surge-6-as-sk-hynix-earnings-fuel-ai-chip-rally/articleshow/135252545.cms
- Author: Anupam Nagar
- Published: 2026-10-28T04:54:00+00:00
- Read time: 1 min
- Topics: sk hynix, south korean shares, kospi, ai chip, semiconductor, samsung electronics, ai boom, money, business
## South Korean Shares Surge
South Korean shares surged nearly 6% on Wednesday, led by chipmakers SK Hynix and Samsung Electronics.
## SK Hynix Earnings Report
SK Hynix reported a more than seven-fold increase in quarterly profit and plans to return $75 billion to shareholders.
## KOSPI Index Rise
The benchmark KOSPI rose 337.64 points, or 5.99%, to 5,975.98 as of 0140 GMT.
## AI Chip Demand Growth
SK Hynix forecasted robust demand for memory chips supported by AI infrastructure investment.
## Samsung Electronics Gain
Samsung Electronics advanced 8.90%, helping lift the broader market after AI-driven semiconductor boom.
## Market Breadth Positive
620 stocks advanced and 257 declined among 913 issues traded, with foreign investors net buyers of 589.1 billion won.
## South Korean Won Weakens
The South Korean won weakened to 1,335.7 per dollar on the onshore settlement platform, down 0.64%.
## Key takeaway

South Korean shares rose 6% after SK Hynix reported stronger-than-expected quarterly earnings and AI chip demand growth.