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The Independent UK

National

Via AP news wire

AI boom drives a rally in buying of tech shares, pushing South Korea's Kospi to a record

South Korea Samsung Artificial Intelligence

South Korea Financial Markets - (Copyright 2026 The Associated Press. All rights reserved)

South Korea’s Kospi soared nearly 7% to a fresh record on Wednesday as Samsung Electronics' stock jumped nearly 13% in a rally driven by expectations of strong growth in artificial intelligence.

Shares in SK Hynix, another major Korean computer chipmaker, shot up 10% early Wednesday.

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