NOMURA , JPMORGAN BULLISH ON KOREAN CHIPS DESPITE KOSPI SWINGS

What happened: Nomura and JPMorgan remain bullish on Korean chip stocks, with Nomura naming Samsung Electronics and SK hynix top picks despite sharp Kospi swings. Key numbers: Kospi fell 7.57 percent Thursday, triggering a 20-minute trading halt. Nomura targets 670,000 won for Samsung and 4.7 million won for SK hynix. Mirae targets 400,000 won and 3.1 million won. Why it matters: Nomura forecasts memory supply bottlenecks through at least 2028 and called concerns over China's ChangXin "excessive." Analysts see AI demand weakening the industry's sensitivity to economic cycles.

Nomura and JPMorgan remain bullish on Korean chip stocks, with Nomura naming Samsung Electronics and SK hynix top picks despite sharp Kospi swings.

Nomura forecasts memory supply bottlenecks through at least 2028 and called concerns over China's ChangXin "excessive." Analysts see AI demand weakening the industry's sensitivity to economic cycles.