South Korean equities rise sharply over the past 10 days, gaining about 22% as investors return to an AI-linked chip trade. Shares in major memory-chip makers lead the move, with Samsung Electronics and SK Hynix both jumping by more than 5% in the period cited by the outlets.
The rally is driven by the renewed momentum in the semiconductor sector, particularly memory chips used in data centers and AI infrastructure. One outlet frames the move as part of a broader “AI rally” supporting the Kospi, while another highlights that the gains are propelled by the performance of heavyweight memory companies. Both accounts agree the market’s advance is concentrated in the chip names rather than being spread evenly across the broader index.
While the outlets describe the same sharp near-term gains, they differ mainly in emphasis—either on the general AI narrative or on the specific contribution from Samsung and SK Hynix. The shared implication across coverage is that recent sentiment toward memory chips is powering the index’s fast rebound.
