SK Hynix shares rose more than 11 percent in Seoul trading on Wednesday, spearheading gains among Asian semiconductor and technology stocks. The advance followed a rebound in U.S. semiconductor shares after an earlier sell-off, reflecting renewed investor confidence in the sector tied to artificial intelligence infrastructure demand.
Samsung Electronics climbed 6.8 percent and Seoul Semiconductor added 6.4 percent in the South Korean market. In Japan, Advantest gained 4.2 percent, Lasertec rose 6.4 percent, Disco increased 2.8 percent, SoftBank Group advanced 0.8 percent and Tokyo Electron rose 0.9 percent, while Renesas Electronics slipped 0.2 percent.
On Wall Street the previous session, the VanEck Semiconductor ETF gained 2.5 percent. Micron Technology and Lam Research each climbed about 5 percent, with Applied Materials and Teradyne up more than 3 percent.
Market participants noted that underlying demand for artificial intelligence infrastructure continues to support the sector, although some observers pointed to emerging signs of speculative activity in related hardware stocks.
Samsung Electronics climbed 6.8 percent and Seoul Semiconductor added 6.4 percent in the South Korean market. In Japan, Advantest gained 4.2 percent, Lasertec rose 6.4 percent, Disco increased 2.8 percent, SoftBank Group advanced 0.8 percent and Tokyo Electron rose 0.9 percent, while Renesas Electronics slipped 0.2 percent.
On Wall Street the previous session, the VanEck Semiconductor ETF gained 2.5 percent. Micron Technology and Lam Research each climbed about 5 percent, with Applied Materials and Teradyne up more than 3 percent.
Market participants noted that underlying demand for artificial intelligence infrastructure continues to support the sector, although some observers pointed to emerging signs of speculative activity in related hardware stocks.