South Korea’s Kospi stock index has surged to unprecedented highs, propelled by the AI-driven chip market. The nation has climbed to become the world’s sixth-largest equity market, surpassing India and leaving European markets behind. Notably, chipmakers SK Hynix and Samsung Electronics, along with Taiwan’s TSMC, have each surpassed the trillion-dollar valuation mark thanks to soaring demand for AI chips. However, experts caution about the potential volatility of this rapid growth and the heavy dependence on just two major semiconductor firms within South Korea’s market.
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