On Tuesday, the South Korean stock market soared to an unprecedented peak, buoyed by a substantial resurgence in chip-related stocks. As global markets stabilized, anxieties regarding the future trajectory of artificial intelligence (AI) investment began to wane. On the Korea Exchange, Samsung Electronics witnessed an approximate 11% surge in its share price during intraday trading, marking its most significant single-day increase since 2009. Meanwhile, SK Hynix experienced a remarkable spike of over 9%. Both stocks managed to recoup the losses incurred in the previous trading session. The Kospi index surged by more than 6%, elevating its year-to-date gain to 25% and cementing its status as one of the top-performing global stock indices.
