Korean Stocks Rise as Chip Rally Regains Steam

Bloomberg Markets Thursday 13 August 2026, 03:38 UTC 1 min read

Key Points

Aug 13th, 2026 Korean Stocks Rise as Chip Rally Regains Steam A revival in the global AI trade pushed South Korean stocks toward a technical bull market, marking a dramatic turnaround from last month’s historic rout. Bloomberg TV's Avril Hong breaks down the latest moves.

Korean (ORG) Chip Rally Regains Steam (ORG) South Korean (ORG) Bloomberg TV's (ORG) Avril Hong (PERSON)

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China’s YMTC breaks into global top 3 flash-memory suppliers for first time The chipmaker captured 14 per cent of global bit shipments, but still ranks fifth by revenue due to heavier exposure to lower-value products Yangtze Memory Technologies Corp (YMTC) has broken into the world’s top three NAND flash memory suppliers by volume for the first time, marking a milestone for China’s semiconductor ambitions as it strives to narrow the revenue gap with global rivals in high-value data-centre...

South China Morning Post 19m ago

ASUS Lifts AI Server Growth Target

Aug 13th, 2026 ASUS Lifts AI Server Growth Target ASUS Co-CEO, S.Y. Hsu, says AI server demand remains strong, prompting the company to raise its 2026 growth outlook. He discusses AI infrastructure spending, memory shortages, supply chain challenges, and the outlook for AI servers and PCs. He spoke exclusively with Paul Allen on Insight with Haslinda Amin.

Bloomberg Technology 30m ago

Hong Kong developer Hysan’s first-half earnings rise 7.4% as project milestones near

Hysan Development, the largest commercial landlord in Hong Kong’s Causeway Bay shopping district, posted an underlying profit of HK$1.11 billion (US$140.19 million) for the first half of 2026, an increase of 7.4 per cent from a year earlier, driven by a realised gain from the sale of residential units at its Bamboo Grove project. Revenue for the six months ended June 30 was largely flat at HK$1.73 billion, a year-on-year drop of 0.1 per cent, according to the company’s filing with the Hong...

South China Morning Post 35m ago

Korean Stocks Rise as Chip Rally Regains Steam

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