coin-img-ETHETH+0.34%coin-img-BTCBTC+0.28%coin-img-SOLSOL-0.19%coin-img-ULTIMAULTIMA-10.68%coin-img-XRPXRP+0.03%coin-img-USDCUSDC+0.01%coin-img-HYPEHYPE+3.68%coin-img-TRXTRX+1.26%coin-img-ETHETH+0.34%coin-img-BTCBTC+0.28%coin-img-SOLSOL-0.19%coin-img-ULTIMAULTIMA-10.68%coin-img-XRPXRP+0.03%coin-img-USDCUSDC+0.01%coin-img-HYPEHYPE+3.68%coin-img-TRXTRX+1.26%coin-img-ETHETH+0.34%coin-img-BTCBTC+0.28%coin-img-SOLSOL-0.19%coin-img-ULTIMAULTIMA-10.68%coin-img-XRPXRP+0.03%coin-img-USDCUSDC+0.01%coin-img-HYPEHYPE+3.68%coin-img-TRXTRX+1.26%coin-img-ETHETH+0.34%coin-img-BTCBTC+0.28%coin-img-SOLSOL-0.19%coin-img-ULTIMAULTIMA-10.68%coin-img-XRPXRP+0.03%coin-img-USDCUSDC+0.01%coin-img-HYPEHYPE+3.68%coin-img-TRXTRX+1.26%
user-avatar
SWI swissinfo.ch

Asian shares climb as tech rebound holds; oil slips

AI Market Summary
Asian equities firmed as tech extended its rebound, led by South Korea's KOSPI on semiconductor pricing and earnings catalysts: Samsung considering ~20% DRAM price hikes, SK Hynix's $29B ADR listing, and Hon Hai's strong AI-driven sales. This reinforces confidence that AI infrastructure spend is translating into chipmaker profitability, supporting global tech-heavy indices ahead of Q2 earnings, while softer oil prices modestly ease inflation risk.
Impact level
● Medium
Affected assets
NCSINASDAQ1002USD/USDT-0.24%
AI Insight · NCSINASDAQ1002USD/USDTAI Insight
▲ Bullish
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Samsung Electronics confirmed plans to raise DRAM prices by about 20% in the third quarter, while SK Hynix moved ahead with a $29 billion American depositary receipts listing. Hon Hai Precision Industry, an Nvidia server assembly partner, reported quarterly sales up 40% year on year. South Korea’s Kospi rose 1.8%, leading gains across Asia-Pacific. The developments provided a clear earnings and pricing catalyst for chip stocks, benefiting Samsung, SK Hynix and the broader Korean index.
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.
Stocks

Risk Warning

Cryptocurrencies and their derivatives are innovative financial products with great volatility and high investment risks.

Although BingX is committed to providing users with easy-to-use trading tools, trading itself is still a highly sophisticated field. Trading digital assets and their derivatives are subject to high market risk and price volatility and may result in partial or total loss of account funds. You must carefully consider and exercise clear judgment to evaluate your financial situation and the aforementioned risks before using BingX Services. You shall be responsible for all losses arising therefrom. If necessary, please consult relevant professionals to make informed decisions before investing. By accessing, downloading, using or clicking on "I agree" to accept any BingX Services provided by BingX, you agree that you have read, understood and accepted all of the terms and conditions stipulated in BingX Terms of Use as well as our Privacy Policy.


Trading by copying or replicating the trades of other traders involves a high level of risks, even when copying or replicating the top-performing traders. Past performance of a BingX community member is not a reliable indicator of his future performance. Content on BingX's trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of BingX.