Samsung Reasserts Clout as Top Korean Stock on AI Catch-Up Hopes

Samsung Reasserts Clout as Top Korean Stock on AI Catch-Up Hopes

Samsung Electronics Co. has at least briefly reassumed its place as South Korea’s most important stock, as investors eye chances for it to eventually make up lost ground in advanced memory chips for artificial intelligence.

Samsung Strikes Back as it Regains its Top Position in the South Korean Stock Market

The market is placing bets on additional rises in Samsung shares, which saw a net inflow of about $1.2 billion in July. But SK Hynix’s stock saw an outflow of over $200 million. As investors explore ways for Samsung Electronics Company to catch up its lost ground in advanced memory chips for artificial intelligence (AI), the company has at least briefly regained its position as South Korea’s most significant stock. In July, its stock increased b…