Korean stocks rise by over 5%, chip stocks rebound strongly driven by "buying on dips"
2026-11-10 08:34:10
According to CoinMeta, after experiencing a wave of selling last week, South Korean stocks rose by more than 5% in the early trading on Tuesday. Among them, chip stocks with significant weight performed particularly strongly, with the stock prices of Samsung Electronics and SK Hynix both increasing by over 5%. Foreign media reports indicate that investors are returning to the field of artificial intelligence-related investments, which has driven the market upwards. Despite the decline in NVIDIA's stock price, similar U.S. tech stocks had already recorded significant gains on Monday, and the overall market rebound momentum has not been affected. In addition, the fall in oil prices has also provided support for market sentiment. U.S. President Donald Trump stated that there is no need to take further punitive actions against Iran. Artificial intelligence startup Anthropic released a new AI model on the eve of its listing on Wall Street, further boosting market sentiment.
Source:Jin10 Data
This content is for market information only and does not constitute investment advice.
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