1 hour ago

KOSPI Index Faces Key 6,500 Level Ahead of SK Hynix Earnings

Korean Stock Market Crash KOSPI Plunges 7% Amid U.S.–Israel Iran War

The post KOSPI Index Faces Key 6,500 Level Ahead of SK Hynix Earnings appeared first on Coinpedia Fintech News

The KOSPI index is approaching the key 6,500 level ahead of SK Hynix’s earnings, with analysts warning that a sustained break lower could signal broader weakness in AI-related stocks. As a major supplier of high-bandwidth memory (HBM) used in AI chips, SK Hynix is viewed as a key indicator of demand across the semiconductor sector. …

Source: Coinpedia →