Elon Musk Seeks $134 Billion in Lawsuit Against OpenAI and Microsoft Over Alleged Wrongful Gains 
TSMC Shares Hit Record High as AI Chip Demand Fuels Strong Q4 Earnings 
Walmart International CEO Kathryn McLay to Step Down After Two and a Half Years 
Boeing Reaches Tentative Labor Deal With SPEEA Workers After Spirit AeroSystems Acquisition 
U.S. Moves to Expand Chevron License and Control Venezuelan Oil Sales 
Syrah Resources and Tesla Extend Deadline on Graphite Supply Dispute to March 
Trump Criticizes NYSE Texas Expansion, Calls Dallas Exchange a Blow to New York 
White House Pressures PJM to Act as Data Center Energy Demand Threatens Grid Reliability 
One Percent Rule Checklist For Safer Forex Trading Risk 
Microsoft Strikes Landmark Soil Carbon Credit Deal With Indigo Carbon to Boost Carbon-Negative Goal 
Sanofi Gains China Approval for Myqorzo and Redemplo, Strengthening Rare Disease Portfolio 
Jamie Dimon Signals Possible Five More Years as JPMorgan CEO Amid Ongoing Succession Speculation 
China Halts Shipments of Nvidia H200 AI Chips, Forcing Suppliers to Pause Production 
Anthropic Appoints Former Microsoft Executive Irina Ghose to Lead India Expansion 
TikTok Expands AI Age-Detection Technology Across Europe Amid Rising Regulatory Pressure 
Foreign investors are betting on a recovery in the memory chip market next year, pushing the share prices in South Korean chipmakers higher.
According to Choi Do-yeon, an analyst at Shinhan Investment Financial Investment, they expect to see a 'big cycle' next year on the recovery of demand and short supplies as there is almost no investment in 2020 for memory production in 2021.
SK hynix climbed 0.1 percent to 98,100 won, extending its winning streak to six straight days while Samsung dropped 0.9 percent to close at 65,700 won on Tuesday after surging to 66,300 won the day before.
The share price of Samsung was only 56,600 won on Oct. 30, while that of SK hynix was 79,900 won.
Until recently, memory chip prices have been dropping as server companies adjust their inventory levels.
Analysts said South Korean chipmakers are still undervalued, giving them more room to grow than other companies.
According to a KB Securities report, shares of Samsung managed to increase about 20 percent from the beginning of the year, while SK hynix only had a 3.5 percent increase from Jan. 2.
On the other hand, share prices of the top eight caps on the KOSPI have jumped more than 80 percent on average.
Considering their performance outlook for 2021 and low valuations, KB Securities analyst recommended investors to acquire such stocks in the fourth quarter.
