SK Hynix ADR Surges 13.75% Overnight as Philadelphia Semiconductor Index Jumps 5.21%

According to Seoul Econ, overnight on July 21, South Korean semiconductor stocks rallied sharply following a broad U.S. semiconductor recovery. SK Hynix American Depositary Receipts jumped 13.75% to close at $171.94, while Samsung Electronics rose 5.21% to 272,500 Korean won on NextTrade. The Philadelphia Semiconductor Index (SOX) surged 5.21%, with semiconductor stocks rebounding on hopes for expanded AI investment and favorable Korean chip export conditions.
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