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SK Hynix surges 25%, Samsung tops 20% as AI rally lifts South Korean chip stocks

SK Hynix shares jumped 25% on Friday, with Samsung Electronics rising more than 20% in the same session. South Korea's two chip heavyweights tracked a sharp rally in U.S. technology stocks as AI sentiment pushed back to the…

By Tomas Reyes·Jul 31, 2026·1 min read·tech

Key takeaways

  • SK Hynix shares jumped 25% on Friday, outperforming Samsung Electronics, which rose more than 20% in the same session.
  • Both figures are single-session, reported gains.
  • The rally tracked a sharp rise in U.S. technology stocks as AI sentiment surged back to the fore.
  • Neither SK Hynix nor Samsung announced a specific company catalyst for the gains.
  • Samsung's 20%-plus rise alongside SK Hynix's 25% advance confirmed the move was sector-wide rather than tied to either company alone.

SK Hynix shares jumped 25% on Friday, with Samsung Electronics rising more than 20% in the same session. South Korea's two chip heavyweights tracked a sharp rally in U.S. technology stocks as AI sentiment pushed back to the fore.

Friday's numbers

Company Session gain Status
SK Hynix +25% Reported
Samsung Electronics +20%-plus Reported

SK Hynix outperformed Samsung on the day. Both are single-session, reported figures.

What drove the gains

Neither company announced a specific catalyst. The South Korean chipmakers tracked U.S. technology stocks higher, with the broader AI trade described as roaring back.

When U.S. technology sentiment shifts sharply, South Korean chipmakers tend to follow. Friday was a clean case: the catalyst was external, and both stocks reflected it. Samsung's 20%-plus print alongside SK Hynix's 25% advance confirmed the move was sector-wide rather than tied to either company alone.

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Source: cnbc.com
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Frequently asked

How much did SK Hynix and Samsung shares rise on Friday?

SK Hynix rose 25% and Samsung Electronics rose more than 20% in the same session.

What caused the gains in the South Korean chip stocks?

There was no company-specific catalyst; the stocks tracked a sharp rally in U.S. technology stocks as the AI trade roared back.

Which stock performed better on the day?

SK Hynix outperformed Samsung, gaining 25% versus Samsung's 20%-plus.

Was the rally specific to one company or the whole sector?

The move was sector-wide, as both stocks rose sharply in response to an external catalyst rather than company-specific news.