SK Hynix shares jump 8 percent as a broad Asia tech rally tracks AI chip demand

12:53 AM · July 15, 2026

SK Hynix led a broad rally in Asian technology shares, according to CNBC, with the South Korean chipmaker's stock jumping 8 percent as the region tracked a rebound in US semiconductor shares following a sharp selloff earlier in the week. The rally extended across other chipmakers and equipment suppliers tied to the AI buildout, including Taiwan Semiconductor Manufacturing, Advantest, Lasertec, Disco, Tokyo Electron, and Applied Materials, suggesting the bounce reflected renewed confidence in AI chip demand more broadly rather than a company specific development at SK Hynix. The rebound follows a volatile stretch for chip stocks this month, and comes on the same day ASML separately raised its own 2026 sales guidance on strong AI chip demand, reinforcing the same underlying narrative from a different corner of the semiconductor supply chain. Investors have been trying to reconcile persistent AI chip demand with periodic bouts of selling driven by broader worries about whether AI infrastructure spending is outrunning near term returns, and the swift rebound suggests demand concerns are, for now, continuing to outweigh those worries.