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The Economic Times

Global Market Update: South Korea's KOSPI hits record as SK Hynix joins $1 trillion club after Samsung, Micron

SK Hynix Micron Memory Micron Technology Samsung United States Semiconductor

South Korea's benchmark KOSPI stock index hit an all-time high on Wednesday as SK Hynix joined its memory chip rivals Samsung Electronics and Micron Technology in the $1 trillion market capitalisation club ‌on an ⁠AI-driven rally.

The ⁠KOSPI rose as much as 5% to 8,450.26, its highest on record, with the sharp gains triggering a "sidecar" curb that temporarily halted algorithmic trading.

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