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The Economic Times
The Economic Times
Business
Anupam Nagar

Global Market: Kospi extends winning streak as AI optimism lifts chip stocks

Samsung SK Hynix

South Korean shares climbed on Wednesday, extending gains for a third consecutive session as chipmakers advanced on optimism over strong demand for artificial intelligence infrastructure, according to a Reuters report.

The benchmark KOSPI rose 219.73 points, or 3.46%, to 6,565.26 by 0155 GMT, its highest level since August 5. Semiconductor stocks led the gains, with Samsung Electronics jumping 6.16% and SK Hynix rising 3.86%.

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