Meta Muse ignites new AI market+falling oil prices boosts risk appetite! South Korean chip stocks followed the overnight rise in US stocks

Zhitongcaijing · 1d ago

The Zhitong Finance App learned that South Korea's semiconductor and equipment stocks rose on Tuesday, following the rise in US stock prices. Meta (META.US)'s newly launched AI agent showed initial signs of success, boosting investor sentiment. According to the data, the stock price of Samsung Electronics and Samsung Electronics once rose 3.5%, and SK Hynix once reached 3.3%, driving the Korea Composite Stock Price Index up 2.3%.

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In the US stock market overnight, semiconductor stocks closed higher across the board. The Philadelphia Semiconductor Index closed up 4.3%, the biggest one-day gain since August 4; Arm (ARM.US) rose 17.16%, Intel (INTC.US) rose 12.14%, AMD (AMD.US) rose 9.95%, Qualcomm (QCOM.US) rose 9.29%, TSM.US (TSM.US) rose 2.42%, ASML.US (ASML.US) rose 1.87%, and Broadcom (AVGO.US) 1.60%. AMD also joined Nvidia, Broadcom, and Micron (MU.US) as the fourth US chip company in history to reach a market capitalization of 1 trillion US dollars.

Meta's Muse AI smart device quickly gained market attention just two weeks after its launch, sending a positive signal that the smart device is moving from technology demonstration to mass product. Muse is Meta's official launch earlier this month and is positioned as a personal AI agent capable of performing multi-step tasks, connecting services such as email, calendar, payment, dining, and shopping. Currently, Muse has replaced ChatGPT as the most popular free app on the US iOS platform. According to data from analytics company Sensor Tower, after Muse launched on September 8, the tool received 730,000 downloads in about 5 days and topped the app store rankings.

At the same time, market expectations for diplomatic progress in the Middle East war drove oil prices lower and further boosted market risk appetite. According to reports, Trump expressed his willingness to meet with Iranian President Pezzahizyan. The latter is expected to attend the UN General Assembly in New York this week. Furthermore, there are reports that Iran has conveyed to the mediators the conditions for restarting negotiations.