Nvidia's strong earnings boost, Samsung and SK Hynix stock prices soar to all-time highs

LootboxPhobia · 2026-02-26T10:40:13+00:00

Following Nvidia's strong earnings report, Samsung and SK Hynix stock prices surged significantly. Samsung's stock reached a record high, benefiting from steady demand for AI chips. The performance of these two companies drove the Korean KOSPI index to new highs. This trend is expected to continue, especially in the AI-driven memory chip market.

LootboxPhobia

2026-02-26 10:40:13

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Investing.com - After major client Nvidia announced strong quarterly earnings and indicated that AI-driven chip demand remains robust, Samsung and SK Hynix saw significant stock price increases on Thursday.

Among the two, Samsung Electronics (KS:005930) surged over 5%, reaching a record high of 217,500 KRW, while SK Hynix (KS:000660) rose more than 2%, hitting a record high of 1,053,500 KRW.

These two companies are the main drivers behind the Korean KOSPI index, which soared over 2% to hit an all-time high.

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As the world’s largest memory chip manufacturer, both companies received positive signals from Nvidia’s optimistic quarterly report released overnight.

The company, with the highest market value globally, exceeded expectations with its earnings and current quarter guidance, indicating that demand for its advanced chips from the AI industry remains strong.

This is good news for Samsung and SK Hynix, as they are the main suppliers of the company’s memory chips. Notably, Samsung is expected to secure an exclusive deal to supply advanced high-bandwidth memory chips for Nvidia’s next-generation Vera Rubin processors.

Samsung also announced on Wednesday the launch of its next-generation flagship smartphone—the S26 series. Besides memory chips, smartphones are also a major revenue source for the company.

Earlier on Wednesday, SK Hynix stated that it has partnered with SanDisk (NASDAQ:SNDK) to develop high-bandwidth flash memory, calling it the next-generation storage architecture vital for AI development.

The chip manufacturer also announced plans to invest 21.6 trillion KRW ($15.07 billion) to build a new manufacturing facility in Yongin.

The AI-driven storage chip market’s supply shortage pushed prices higher by the end of 2025, benefiting Samsung and SK Hynix. This trend is expected to continue over the next several quarters.

This article was translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.

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