Union agreement implementation, uncertainty reduced, memory cycle continues

Samsung Electronics reaches a preliminary agreement with the union, easing the strike threat, with the Korean stock market soaring significantly, with KOSPI rising as much as 6.4%, Samsung shares nearly 7%, and SK Hynix about 8%. Driven by Nvidia's earnings boost, chip stocks rose. Analysts say the agreement reduces uncertainty, and AI-driven memory demand remains strong, boosting demand for high-bandwidth memory and advanced DRAM.