KOSPI opens up 2.76% after Nvidia earnings, Samsung and SK Hynix surge on memory chip shortage warning
After Nvidia's earnings included a warning that memory chip shortages will persist, the KOSPI opened up 2.76% to 6,996, with Samsung jumping over 3% and SK Hynix jumping more than 5%. The move follows a Wednesday close up 0.97% at 6,808 ahead of Nvidia's earnings.
Detected & updated continuously · Source: Nebula
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@Luceyeon
Nvidia's earnings just did exactly what Seoul was waiting for. The Kospi opened up 2.76% to 6,996, brushing the edge of 7,000 for the first time in a week. Samsung jumped over 3%, SK Hynix jumped more than 5%, both riding Nvidia's warning that memory chip shortages will run
@Ember_web3
Two days ago, SK Hynix's union voted down a wage deal by a margin of just 25 votes, specifically because members didn't want 60% of their bonus paid in company shares they saw as too volatile. Today, SK Hynix jumped 5.45% and KOSPI reopened above 6,996, up 2.76%, after Nvidia's https://t.co/H0tA0AHRJg
@Ember_web3
Korea's Kospi closed Wednesday up 0.97% at 6,808, with Samsung Electronics and SK Hynix gaining 1.95% and 0.72% respectively, positioning ahead of Nvidia's earnings. Buried in the same day's reporting: US officials are pressing Korean chipmakers to expand investment in American