Tuesday, 31 March, 2026
Chipmakers Rally Adds $200 Billion to Market Amid AI-Boom Surge
By Isha
Global semiconductor stocks soared as investors surged into AI-related opportunities, pushing combined valuations up by over $200 billion. Korean chipmakers led the gains, with SK Hynix jumping ~10% and Samsung Electronics up ~3.5%. Equipment makers like ASML also rallied, boosted by optimism around AI-driven demand. The momentum is described as driven by FOMO, despite valuation risks.
Read full story at Economic Times