Samsung Shares Hit Record High Amidst Asian Tech Rally and Nvidia Deal Hopes
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Samsung Shares Hit Record High Amidst Asian Tech Rally and Nvidia Deal Hopes

Samsung Electronics shares surged to record highs following co-CEO Jun Young Hyun's remark that customers feel "Samsung is back." This statement, made in a New Year's memo, fueled hopes of a potential supply deal with Nvidia for high-bandwidth memory (HBM) chips. The rally coincided with a broader Asian tech stock surge, driven by AI enthusiasm and positive market sentiment, with South Korea's benchmark index also reaching an all-time high.

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