Samsung and SK Hynix shares recouped losses from earlier in the day in Seoul as the official announcement was made. <\/p>\n
DRAM declined 1.4% in the U.S. premarket session <\/p>\n
Stocktwits sentiment for DRAM remained ‘extremely bullish.’ <\/p>\n
Samsung Electronics, SK Hynix, and the South Korean government on Monday announced plans to invest about $590 billion to build a new chip complex, including four chipmaking plants, with the aim of doubling the country’s dynamic random access memory (DRAM) production capacity in five years. <\/p>\n
Shares of the two companies recouped losses from earlier in the day in Seoul as the official announcement was made. The Kospi closed down just 0.2%, recovering from a 3.4% drop earlier. The Roundhill Memory ETF (DRAM) extended its losses, down 1.4% in premarket trading on Monday. <\/p>\n
See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox<\/a> <\/p>\n Samsung and SK Hynix plan to build two chipmaking plants apiece for 800 trillion won ($518 billion), the country’s industry minister said Monday. The investment pledges are part of the president’s “Three Mega Projects for the Great Leap Forward” initiative aimed at building up the country’s capabilities in semiconductors, AI data centers, and robotics. <\/p>\n While investors are digesting the capex expansion’s impact on chipmaker profits, most took the government initiative and its determination for AI infrastructure buildout as positive for the broader industry. <\/p>\n Samsung, SK Hynix Attract US Investor Attention <\/p>\n Samsung and SK Hynix have become key beneficiaries of the AI boom, as surging demand for high-bandwidth memory (HBM) chips continues to outstrip supply amid aggressive AI infrastructure spending by cloud companies and technology firms. <\/p>\n