Samsung, SK Hynix rally as Temasek investment report lifts chip stocks
South Korean chipmakers rallied significantly after a media report surfaced. Temasek Holdings reportedly plans direct investments in Samsung Electronics and SK Hynix. This news boosted investor confidence, which had waned after a July selloff. The chipmakers' shares saw substantial gains, and the benchmark Kospi index also climbed. Analysts view this as a positive signal, though not the sole driver of the rebound.