Korean stocks staged a powerful comeback after a bruising selloff that had rattled investors through “Black Friday” and “Black Monday.” The rebound was especially dramatic in semiconductor names, where Nvidia CEO Jensen Huang’s weekend comments about bargain opportunities appeared to give the market a timely confidence boost.
Korean Stocks Surge as Huang’s Dip-Buy Call Pays Off
South Korea’s stock market roared back after suffering steep losses in the previous sessions, with major indexes jumping sharply as investors returned to risk assets. The rebound, reportedly around 8%, marked a striking reversal from the panic-driven selling that had dominated the market just days earlier.
The recovery came after Nvidia CEO Jensen Huang, who visited Korea over the weekend, commented on the sharp decline in semiconductor-related shares. Looking at the selloff, Huang suggested that the drop had created an attractive buying opportunity, a view that quickly gained attention among investors.
By the next trading session, his call appeared to have been well timed. Buyers rushed back into Korean technology and chip stocks, helping the broader market regain a significant portion of its earlier losses and easing fears that the downturn would deepen further.
Hynix Jumps 16% After Nvidia CEO Spots Bargains
SK Hynix became the standout performer in the rebound, surging nearly 16% as investors piled into one of Korea’s most important semiconductor names. The company has been closely watched due to its role in supplying advanced memory chips, including high-bandwidth memory used in artificial intelligence systems.
Huang’s remarks carried particular weight because Nvidia sits at the center of the global AI boom. When the Nvidia chief described the semiconductor selloff as a chance to buy at cheaper prices, many investors interpreted it as a strong vote of confidence in the long-term demand for chips and AI-related hardware.
The sharp move in Hynix also reflected how quickly sentiment can shift in markets tied to artificial intelligence and semiconductors. After days of fear and forced selling, Huang’s optimistic tone helped remind investors that the structural growth story behind Korean chipmakers remains intact.
The surge in Korean stocks showed how powerful a change in sentiment can be, especially when it comes from a figure as influential as Jensen Huang. After a painful selloff, his bargain-hunting view helped restore confidence, and Hynix’s near-16% jump made clear that investors were ready to believe in the semiconductor rebound once again.