Shares of South Korea's Hanmi Semiconductor rose more than 28% after the company posted Q2 consolidated operating profit of 130.3 bln won, up 51.0% YoY and roughly 8% above the street consensus of 121.0 bln won. Operating margin reached 51.9%, the first quarterly print above 50% and a company record. Q2 revenue was 251.1 bln won, up 39.5% YoY and the highest quarterly sales in the firm's history. Overnight softer-than-expected US CPI boosted investor confidence in the AI semiconductor sector, su

Shares of South Korea's Hanmi Semiconductor rose more than 28% after the company posted Q2 consolidated operating profit of 130.3 bln won, up 51.0% YoY and roughly 8% above the street consensus of 121.0 bln won. Operating margin reached 51.9%, the first quarterly print above 50% and a company record. Q2 revenue was 251.1 bln won, up 39.5% YoY and the highest quarterly sales in the firm's history. Overnight softer-than-expected US CPI boosted investor confidence in the AI semiconductor sector, supporting the rally.