South Korean Shares Hit All-Time High on AI-Led Chipmaker Rally
Samsung Electronics and SK Hynix led gains as retail investors bought 1.2 trillion won and the KOSPI briefly triggered a trading curb.
- South Korean stocks hit a fresh record high on Monday, May 11, 2026, with the Korea Composite Stock Price Index breaching the 7,700-point mark, driven by an extended rally in blue-chip semiconductor shares.
- Friday's gains on Wall Street drove the surge, as chip and artificial intelligence shares climbed; Micron Technology soared 15.49 percent and AMD jumped 11.44 percent.
- In Seoul, market top-cap Samsung Electronics surged 5.21 percent, while rival SK Hynix skyrocketed 8.54 percent, as retail investors made net purchases totaling 1.2 trillion won.
- Despite geopolitical uncertainty regarding the United States-Iran peace deal, the market outperformed regional peers; Japan's Nikkei and Taiwanese stocks rose less than 1 percent.
- Kiwoom Securities analyst Han Ji-young warned that "short-term volatility can grow in semiconductor stocks" as profit-taking pressure rises among all investor groups.
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Business TimesSouth Korean shares hit all-time high on AI-led chipmaker rally
SEOUL: South Korean shares hit record highs on Monday (May 11), as chipmakers extended gains amid optimism over artificial intelligence, bolstered by a rally in US peers and upbeat data.The benchmark Kospi rose as much as 5.05 per cent in early trade to an all-time high of 7,876.60 in morning trade. During th
KOSPI opens at fresh high on chip rally amid woes over breakdown of peace deal
Korean stocks opened at a fresh record high Monday, easily breaching the 7,700-point mark, boosted by an extended rally of blue chip semiconductor shares, despite woes over the U.S.-Iran peace deal at the risk of rupture. The benchmark Korea Composite Stock Price Index (KOSPI) opened at a fresh high of 7,775.31, up 277.31 points, or 3.7 percent. The index nearly breached the 7,500-point threshold Friday, closing at a fresh peak of 7,498 points a…
Breaking News: KOSPI Surpasses 7,800 Immediately After Opening, Sets New Record High
AI-led Gains Put Asian Markets Back In Focus
Asian stocks rose as investors continued to favour technology and semiconductor companies linked to artificial intelligence demand. South Korea’s market reached a record high, helped by gains in major chipmakers including Samsung Electronics and SK Hynix. The move shows that investors are still willing to back companies positioned around AI infrastructure, even as wider market risks increase. The rally was not evenly supported across the region.…
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