The Zhitong Finance App learned that Asian memory chip stocks rose on Friday, thanks to the optimistic performance outlook given by SanDisk (SNDK.US) on Investor Day 2026, which strengthened the market's confidence that the artificial intelligence (AI) boom will have a long-term positive impact on the industry. The Bloomberg Asia Semiconductor Stock Index once rose 1.6% and is expected to rise for the fifth consecutive trading day; the index is currently up more than 19% from its July low and has recovered from last month's sharp sell-off. In terms of individual stocks, South Korean memory chip giant SK Hynix rose nearly 3%; SanDisk's partner and Japanese chip giant Kioxia once rose nearly 9%, up more than 4% as of press time.

The Zhitong Finance App learned that Asian memory chip stocks rose on Friday, thanks to the optimistic performance outlook given by SanDisk (SNDK.US) on Investor Day 2026, which strengthened the market's confidence that the artificial intelligence (AI) boom will have a long-term positive impact on the industry. The Bloomberg Asia Semiconductor Stock Index once rose 1.6% and is expected to rise for the fifth consecutive trading day; the index is currently up more than 19% from its July low and has recovered from last month's sharp sell-off. In terms of individual stocks, South Korean memory chip giant SK Hynix rose nearly 3%; SanDisk's partner and Japanese chip giant Kioxia once rose nearly 9%, up more than 4% as of press time.