AI Demand Pushes Kospi to Record High | dailyai.report
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Industry
115d ago
AI Demand Pushes Kospi to Record High
South Korea's Kospi topped 7,000 for the first time after Samsung Electronics shares jumped nearly 13%. SK Hynix also climbed 10% on AI growth expectations. This rally mirrors record highs on Wall Street, where the Nasdaq surged 1%.
The Signal
Investors are betting heavily on chipmakers to fuel the ongoing infrastructure build-out for large language models.