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Samsung, SK Hynix Announce $516B Chip Expansion, ASML Surges 6.8% to Record High

2026-06-30 17:46:19

Samsung Electronics and SK Hynix announced plans on June 30 to build two new chip manufacturing facilities in South Korea with a combined investment of 800 trillion Korean won (approximately $516 billion), sparking a rally in semiconductor equipment stocks. ASML rose 6.8% to a record high in Amsterdam, while applied materials and KLA each surged more than 5% during the session. The Philadelphia Semiconductor Index (SOX), which includes all three companies, climbed 7.5% over the two-day period, as investors expect the South Korean expansion to drive increased equipment purchasing from chipmakers.

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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In-Depth Analysis

Samsung and SK Hynix Announce 800 Trillion Won Semiconductor Investment

Lucas Bennett21h ago

Samsung and SK Hynix Announce $590B South Korea Chip Expansion Plan

Lucas Bennett06-29 09:39

Samsung and SK Hynix invest 2,000 trillion Korean won, Gwangju becomes the core of semiconductor super cluster.

Market Whisper06-29 02:23

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