Jusung Engineering and Wonik IPS 20surge by the % range, semiconductor exports 111billion dollars
11day, Jusung Engineering and Wonik IPS rose by 24%, 20%, respectively, as semiconductor materials, components and equipment stocks showed strength. During the same period, semiconductor exports reached 111billion dollars in just ten days. The imminent listing of CXMT and SK’s announcement of the launch of an AI factory in Japan were also reported.
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11day, shares of Jusung Engineering rose 24%. On the same day, shares of Wonik IPS also gained 20%. Stocks related to semiconductor materials, components and equipment were broadly strong.
Semiconductor exports reached 111billion dollars in just ten days. Related statistics reported strong export performance. Export results drew industry attention.
A trend of expanding sell-offs was observed in semiconductor- and AI-related stocks. In the US market, the consumer goods, retail and energy sectors drew attention. Gains and losses varied by sector.
SK Chairman Chey Tae-won said the company would launch an AI factory in Japan. He said Japan was a candidate location for a semiconductor plant. SK said it was comprehensively considering expanding its semiconductor plants.
The listing of Chinese memory chipmaker CXMT is imminent. The company is reportedly preparing for the listing. The listing schedule is expected to be finalized soon.
Announcements, export indicators, and corporate disclosures were released simultaneously that day, concentrating the flow of news in related sectors. Volatility in major stocks continued to expand. Relevant information was rapidly shared among investors.