Business · Markets · 2 hrs ago
Samsung Electronics and SK Hynix shares rebound in early trading
Samsung Electronics and SK Hynix shares rose sharply early Wednesday in South Korea.
Samsung was up 4.49% and SK Hynix 5.64% at 9:14 a.m.
local time.
The gains followed a steep fall the previous day, which prompted some investors to buy shares at lower prices.
News that Chinese companies had ordered more than $35 billion in Nvidia products but might receive only 5% to 10% because of supply shortages had recently weighed on investor confidence.
Signs of strong demand for AI computing may also have helped, including SpaceX reporting higher revenue and a return to profit, and Elon Musk saying demand was far above supply.
Foreign investors were net buyers, while individuals and institutions sold shares; the wider market had also steadied amid easing oil prices and US bond yields.
The share moves were reported during early trading, and no later outcome was given.
Samsung Electronics and SK Hynix shares rebounded in early trading on Oct. 21 after falling sharply the previous day.
At 9:14 a.m. local time, Samsung was up 4.49% and SK Hynix was up 5.64%.
Yonhap said bargain buying after the previous day’s drop may have supported the gains.
News about strong demand for AI computing and easing concerns about financing AI investment may also have helped sentiment.
Foreign investors were net buyers in the broader market and in the electronics sector, while individual and institutional investors were net sellers.
- Who
- Samsung Electronics and SK Hynix.
- What
- Their shares rebounded in early trading, rising 4.49% and 5.64%, respectively, at 9:14 a.m. local time.
- When
- Oct. 21, 2026, in early trading.
- Where
- South Korea’s securities market.
- Why
- Yonhap cited bargain buying after the previous day’s sharp fall and improved investor sentiment. It also noted news about AI computing demand and easing concerns over financing AI investment.
This story does not have two clearly opposing sides.
Samsung Electronics and SK Hynix shares fell sharply, according to Yonhap.
SpaceX reported third-quarter revenue up 161% year over year and returned to profitability; Elon Musk said AI computing demand greatly exceeded supply.
Samsung Electronics shares were up 4.49% and SK Hynix shares were up 5.64%.
- Samsung Electronics
- Up 4.49% to 221,000 won at 9:14 a.m. on Oct. 21
- SK Hynix
- Up 5.64% to 1.292 million won at 9:14 a.m. on Oct. 21
- Foreign investors
- Net buyers of 43.3 billion won in the securities market at the reported time
- SpaceX third-quarter revenue
- Increased 161% year over year and the company returned to profitability