Wall Street finds new momentum thanks to the technology sector and the return of purchases of securities linked to theartificial intelligence also supports the resumption of the South Korea. The Kospi The stock market is back in positive territory after the sharp correction in semiconductors, bringing attention back to the global AI supply chain, from chipmakers to digital infrastructure. This is an encouraging sign for the sector, although the rebound is not yet enough to involve the entire sector. l'AsiaThe Nikkei 225 rose 0,31%, Hong Kong's Hang Seng dropped 0,8%, while Chinese stock markets showed greater stability.
Wall Street flies with big tech
The American session was driven by the technology sector, with the return of purchases in the major players in artificial intelligence. Dow Jones updated its all-time highs by rising 1,32% to 53.178,41 points, while theS & P 500 gained 1,48% and the Nasdaq Composite 2,13%. The fall in prices of the Petroleum, supported by expectations of a possible easing of tensions in the Middle East.
The rally saw the big names in technology linked to artificial intelligence at the forefront: Amazon rose by more than 4%, reaching a record capitalization of around 3.000 billion dollars, while ecosystem, A e Nvidia have recorded strong increases. Also Palantir strengthened sentiment on the sector, with a jump of more than 15% in after-hours trading following a better-than-expected quarterly report.
Investors' attention now remains focused on the quarterly results of SpaceX, expected after the recent strong volatility of the stock and considered a new testing ground for the technology sector linked to artificial intelligence and innovation.
South Korea recovers after chip crash
The rebound on Wall Street helped the recovery of the South Korea, one of the main nodes in the global semiconductor chain. After the sharp decline on Monday, when the Kospi After losing more than 5% under pressure from selling on AI-related stocks, the Seoul Stock Exchange returned to positive territory, opening the following session up 1,5% and then gaining around 1,24%.
The recovery was driven by the major memory manufacturers: Sk Hynix closed up 1,98%, while Samsung Electronics gained 1,04%. The two South Korean giants remain at the center of the artificial intelligence race thanks to the strategic role of advanced memory used in AI systems. Technological developments are also strengthening the sector's prospects: Sk Hynix, Together with SanDisk, announced the definition of the first standard specification for the technology High Bandwidth Flash (HBF), designed to meet the growing demand for artificial intelligence servers and high-performance computing systems.
The recovery comes after a phase of strong correction: in July the Kospi had lost around 22%, the worst result since the 2008 financial crisis, penalised by fears that the expectations on the growth of AThey had become too high. The renewed buying of chipmakers, however, signals that investors continue to see solid demand for AI-related infrastructure.
