Samsung and SK Hynix stock prices soar, strong first-quarter performance outlook

2026-04-08 07:12:42

Investing.com- Samsung Electronics (KS:005930) and SK Hynix (KS:000660) shares surged on Wednesday, after Samsung’s strong preliminary first-quarter results boosted optimism that AI-driven memory demand will remain robust.

Samsung Electronics said on Tuesday that operating profit for January to March is expected to be about 57.2 trillion won ($39.0 billion), up eightfold from the same period last year, easily beating market expectations.

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The results will set a quarterly profit record, driven mainly by a surge in demand for high-bandwidth memory (HBM) and other chips used in artificial-intelligence data centers, with supply constraints pushing prices up sharply.

Samsung shares listed in Seoul jumped more than 7% on Wednesday to 210,500 won.

The upbeat outlook lifted sentiment across the semiconductor sector, with SK Hynix shares also rising as investors bet the company will benefit from similar industry tailwinds.

SK Hynix shares soared nearly 11% to 1,016,000 won.

The rally reflects growing confidence that the global chip industry is entering a long supercycle led by artificial intelligence, as major technology companies step up spending on data centers and advanced computing infrastructure.

Samsung’s earnings guidance also showed revenue growth of about 68%, highlighting the scale of the rebound after a sluggish period for the memory sector last year.

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