Samsung Electronics succeeded in rising to the "170,000 won stock" tier early on the 12th. This is the first time Samsung Electronics' share price has topped 170,000 won during regular trading.

Samsung Electronics Seocho building in Seocho-gu, Seoul. /Courtesy of News1

As of 9:18 a.m. that day, Samsung Electronics shares were trading at 171,300 won on the Korea Exchange's main board, up 2.09% (3,500 won) from the previous day.

This is seen as the result of a 2.28% surge in the U.S. Philadelphia Semiconductor Index, which is composed of artificial intelligence (AI) and semiconductor-related stocks, the day before.

Lee Sung-hoon, a Kiwoom Securities researcher, said, "Today, the domestic stock market will likely open higher, reflecting the surge in U.S. semiconductor stocks, including the sharp rise in the Philadelphia Semiconductor Index led by Micron."

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