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 as top picks despite recent Kospi volatility. Key numbers: Kospi fell 7.57 percent Thursday, triggering a 20-minute trading halt. Why it matters: Nomura forecasts memory supply bottlenecks through at least 2028 and called market concerns over China's ChangXin Memory Technologies "excessive." Korean analysts say AI demand has weakened the industry's sensitivity to economic cycles.

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

Nomura forecasts memory supply bottlenecks through at least 2028 and called market concerns over China's ChangXin Memory Technologies "excessive." Korean analysts say AI demand has weakened the industry's sensitivity to economic cycles.