Korea, Japan, Taiwan lead semiconductor memory supercycle rally

Investors are targeting a semiconductor memory "super‑cycle" that is boosting stocks in South Korea, Japan and Taiwan. Analysts highlight five leading companies across the three countries whose shares have outperformed global peers as demand for AI‑driven computing power lifts memory‑chip production.

Goldman Sachs notes the cycle is not yet fully priced into the market and projects the highest profit growth for Korean and Taiwanese firms through 2027. Despite geopolitical tensions and broader market volatility, the AI infrastructure boom is keeping momentum high for memory‑chip, electronic‑components and circuit‑board manufacturers.

The strong performance has propelled the three Asian markets to recent record highs, outpacing U.S. indices, though analysts warn that shifting investor sentiment and macro‑economic headwinds could increase volatility.