Korean Chips: Rally Continues Amid Mideast Calm

South Korean memory-chip companies like Samsung Electronics and SK Hynix are expected to be major beneficiaries of any easing of Middle East tensions. Despite recent price increases, their stock valuations are still considered attractive by some, offering a rebound potential for the tech sector.

This optimistic view contrasts with significant foreign investor outflows in March, which saw substantial declines in Samsung and SK Hynix shares. However, a prominent fund manager views this selloff as a strategic buying opportunity, anticipating a return of foreign capital with improved regional stability.

The fund has also selectively added energy shares as a hedge against its Asian tech exposure. The long-term positive outlook for Artificial Intelligence remains a key driver, reinforcing the belief that current market dips are opportune for investment.