Samsung, Hynix shares rally on strong Intel results
Credit: Reuters
(Corrects Reuters Instrument Code for Intel in alert)
SEOUL, July 15 (Reuters) - Shares in the world's top two memory chip makers, Samsung Electronics (005930.KS) and Hynix Semiconductor (000660.KS), jumped early Wednesday bolstered by Intel Corp's (INTC.O) forecast-beating results and outlook.
Samsung shares rose 4.73 percent to 664,000 won by 0026 GMT, leading the wider market's .KS11 2 percent gain. The stock once hit 665,000 won, its highest intraday reading since June 2008. Hynix shares rose 3 percent to 15,200 won.
(Reporting by Rhee So-eui and Jungyoun Park; Editing by Jonathan Hopfner)
((soeui.rhee@thomsonreuters.com; +82 2 3704 5650; Reuters Messaging: soeui.rhee.reuters.com@reuters.net))
((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com)) Keywords: CHIP ASIA/INTEL
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