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The Economic Times
The Economic Times
Business
Anupam Nagar

Global Market: SK Hynix, Samsung lead South Korea stocks higher on AI boost

SK Hynix South Korea Samsung Temasek United States

South Korean shares surged on Thursday, with the benchmark Kospi hitting a three-week high as chipmakers tracked overnight gains in US artificial intelligence and semiconductor stocks, according to a Reuters report.

The Kospi rose 245.50 points, or 3.73%, to 6,824.54 as of 0138 GMT, its highest level since July 24. Semiconductor heavyweights led the gains, with SK Hynix and Samsung Electronics climbing more than 7% and 5%, respectively.

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