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Samsung Electronics, SK Hynix Rally 8-10% on Q2 Earnings Outlook

2026-07-04 06:13:41

According to Financial News, on July 3, Samsung Electronics and SK Hynix shares surged 8.22% and 10.88% respectively, rebounding sharply from the previous week's selloff. Samsung Electronics closed at 309,500 won, while SK Hynix climbed to 2.425 million won.

The rally was driven by strong second-quarter earnings expectations. Brokerage houses forecast Samsung Electronics' Q2 operating profit at 8.6 trillion won and SK Hynix at 6.9 trillion won. Samsung Electronics is scheduled to report its Q2 results on July 7, while SK Hynix's anticipated domestic ADR listing next week could attract additional overseas capital inflows.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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Samsung and SK Hynix Leverage Products Record 40%+ Losses Despite Trillions of Won in Retail Inflows Over Past Month

Samsung Electronics, SK Hynix Surge 8-11% on July 3 After Two-Day Plunge

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