Seoul, Sept. 14 -- South Korean semiconductor stocks rose Friday morning, buoyed by strong momentum in U.S. tech stocks, as per a report by Pulse, the English service of Maeil Business Newspaper Korea.

SK hynix Inc. shares were trading at 321,500 won (USD 231.39) as of 9:19 a.m. on Friday, up 4.72 per cent from the previous session, marking its ninth consecutive day of gains since September 2.

The stock rose as high as 325,000 won intraday, surpassing its previous record high set on Thursday.

Samsung Electronics Co. shares also gained 1.77 per cent to 74,700 won. They rose to a 52-week high of 75,000 won earlier in the session.

The rally came amid expectations of U.S. interest rate cuts. The Philadelphia Semiconductor Index - composed...