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KOSPI hits record high on chipmaker rally

South Korea's KOSPI index hit a record high, driven by chipmaker rally and AI stock demand. Samsung and SK Hynix surged.

Harper Clark
ByHarper Clark- Senior Editor
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South Korea's KOSPI index hit a record high on Monday, fueled by a rally in chipmakers.

Investors piled into AI-linked stocks, tracking Wall Street gains.

The KOSPI climbed 3.6% to an all-time high of 8,131.15 points. Samsung Electronics and SK Hynix led the charge.

The index has surged over 90% in 2026. SK Hynix jumped 7%, Samsung rose nearly 3%.

Demand for high-bandwidth memory chips used in AI servers remains strong. Nvidia's results boosted Asian tech stocks.

South Korea's semiconductor exports continue to grow. Easing Middle East tensions and US-Iran talks improved risk sentiment.

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KOSPI hits record high on chipmaker rally | Bond.az