Samsung, SK hynix shares gain on Wall Street tech rally

Samsung, SK hynix shares gain on Wall Street tech rally

최초입력 2025.10.01 11:08:41

SK hynix 321-Layer QLC NAND Flash. (SK hynix)

Samsung Electronics Co. and SK hynix Inc. shares traded higher on Wednesday morning thanks to gains in U.S. semiconductor and technology stocks.
Samsung Electronics’ stock was up 1.43 percent at 85,100 won ($60.40) as of 9:19 a.m., while SK hynix’s rose 2.16 percent to 355,000 won.
The move tracked overnight strength in U.S. markets, where chip and technology shares advanced. Nvidia Corp. shares gained 2.6 percent after U.S. data center operator CoreWeave Inc. signed a supply contract worth up to $14.2 billion with Meta Platforms Inc., sending Nvidia’s market capitalization above $4.5 trillion for the first time.
CoreWeave builds and leases data centers equipped with Nvidia’s graphics processing units (GPUs), which are critical for training artificial intelligence (AI) models and handling large-scale AI workloads.
Meanwhile, Myungin Pharm Co. shares more than doubled on its trading debut Wednesday.
The stock was at 118,800 won as of 9:06 a.m. compared with its initial public offering price of 58,000 won, after briefly touching the 125,000-won mark shortly after the open.
Founded in November 1988, the company is best known for its gum disease treatment Igatan, although its main business lies in prescription pharmaceuticals targeting the central nervous system.
Meanwhile, SK D&D Co. stock jumped after private equity firm Hahn & Co. announced a tender offer.
The shares were up 13.23 percent at 12,670 won as of 9:32 a.m. after hitting the 12,740-won mark, or a 52-week high, and were near the tender offer price of 12.750 won.
According to regulatory filings on Wednesday, SK Discovery Co.’s board approved the sale of its entire 31.3 percent stake, or 5,821,751 shares, in SK D&D to Hahn & Co. for 74.2 billion won. Hahn & Co. plans to acquire all remaining listed shares via the tender offer and take the company private. The offer runs through October 29th, 2025, at 12,750 won per share.
SK D&D has been run under a joint management structure, with both SK Discovery and Hahn & Co. holding 31.3 percent stakes. Hahn & Co. is expected to become the sole largest shareholder once the tender offer is completed.
Samsung Electronics and SK Hynix shares closed at 86,000 won and 360,000 won respectively, Myungin Pharm shares closed at 121,900 won and SK D&D closed at 12,670 won.
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Samsung, SK hynix shares gain on Wall Street tech rally

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