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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InFollowing weeks of intense volatility in the tech sector, strong financial results from Amazon and Microsoft have catalyzed a major rally in semiconductor shares. According to reports, Samsung shares jumped 28% to reach ₩265,000, while SK Hynix surged 30% to ₩1.7 million. This rally reflects a significant return of investor confidence in memory chip suppliers and the infrastructure essential for the continued expansion of artificial intelligence technologies.
The positive momentum in Asian markets was bolstered by the robust performance of U.S. tech giants; per market data, MSFT closed at $451.1 and AMZN at $235.5 on July 30, 2026. In contrast, other peer technology stocks showed mixed performance, with AAPL closing at $333.43 and META at $539.03 on the same date, highlighting a selective investor focus on companies directly tied to cloud growth and AI infrastructure demand.
Traders are now monitoring the sustainability of this relief rally, with Samsung (BC94.L) priced at $3610 as of the July 30, 2026 close. Looking ahead, recent economic data from July 27, 2026, showed South Korean Consumer Confidence holding steady at 106.8, which may provide a stable domestic backdrop for these tech leaders amid ongoing global market shifts.