South Korean shares edged higher on Wednesday as investors turned cautiously optimistic ahead of Nvidia’s quarterly earnings, with the results expected to provide fresh clues on the profitability and sustainability of the artificial intelligence industry.
The benchmark KOSPI was up 29.97 points, or 0.44%, at 6,772.71 as of 0211 GMT. Semiconductor stocks led gains, with Samsung Electronics rising 0.78% and SK Hynix advancing 0.72%. Battery maker LG Energy Solution fell 0.29%.