Shares of major chipmaker SK Hynix bounced on Tuesday even after the company reported quarterly earnings which missed expectations.
The South Korean firm's stock surged 5.54 percent on the day. Industry heavyweight Samsung Electronics also saw its shares closed 2.5 percent higher.
The surge in prices came in spite of SK Hynix warning of continued "macroeconomic uncertainties" in 2019.
SK Hynix reported that October-December operating profit was 4.4 trillion won ($3.9 billion) — falling below a 5.1 trillion won average forecast drawn from 26 analysts, according to Refinitiv data. One of the world's largest memory chipmakers, the company attributed the profit decline — its first in two years — to lower chip prices.