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SK Hynix ADR Gains Momentum as KOSPI Set to Rally on Chip Earnings, U.S. CPI Data This Week

2026-07-12 23:31:51

SK Hynix-12.38%

SKHYV-0.98%

TSM-0.61%

ASML-0.38%

According to Asia Economy, South Korea's KOSPI index is expected to rebound on July 13 as investors await second-quarter earnings from major chipmakers including TSMC and ASML, alongside U.S. June inflation data. SK Hynix's American depositary receipts (ADRs) have gained traction recently among U.S. investors, signaling positive sentiment toward the domestic semiconductor sector despite recent selloffs. Market participants are particularly focused on TSMC's upcoming earnings report and whether the company will raise its annual guidance, as well as confirmation of continued CoWoS advanced packaging demand exceeding supply. CoWoS supply constraints directly impact artificial intelligence accelerator and high-bandwidth memory demand, ultimately affecting overall domestic chip industry investment sentiment.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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