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The Economic Times

South Korea’s Kospi jumps 15.3% to 6,447.10 as AI chip stocks rebound

AI Market Summary
South Korea's Kospi surged 15.3% as AI- and semiconductor-linked equities rebounded sharply, led by Samsung Electronics (+21.5%) and SK Hynix (+25.6%), echoing a tech-driven rally in US markets (Nasdaq +2.8%). The move signals a rapid risk-on rotation back into global chip and AI exposures after earlier bubble/competition fears triggered a selloff. Oil also firmed amid US-Iran tensions, adding a macro risk backdrop.
Impact level
● High
Affected assets
NCSIKOSPI2USD/USDT+4.75%
AI Insight · NCSIKOSPI2USD/USDTAI Insight
▲ Bullish
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South Korea’s Kospi index surged 15.3% on Friday to 6,447.10, marking one of its biggest one-day gains on record. The rally was driven by a rebound in U.S. AI chip-linked stocks, including Micron Technology, up 18.36%, and Lam Research, up 17.98%. In Seoul, Samsung Electronics rose 21.5% and SK Hynix climbed 25.6%. The move was attributed to an “AI-related stock rebound” and a rise tracking Wall Street’s gains.
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