Lates News

The first half of the year officially closed with gains in the Japanese and Korean stock markets. The South Korean KOSPI index rose by about 1% today, while the Japanese stock market rose by about 0.9%. The Korean stock market saw a cumulative increase of about 100% in the first half of the year, driven mainly by demand for AI storage chips, reaching historic highs and touching 9385 at one point. The two tech giants, Samsung Electronics and SK Hynix, saw their stocks rise by about 180% and 310% respectively so far this year. The Nikkei 225 index in Japan rose by about 40% this year, with the TOPIX index rising by about 17%, with technology stocks being the main driving force. Chip testing equipment manufacturer Advantest saw its stock rise by about 65% so far this year, while chip manufacturing equipment manufacturer Tokyo Electron rose by over 120%.