Kospi up 1% as Asian chip shares extend gains; SOX higher
Asian chip shares extended gains on sustained AI trade interest. South Korea’s Kospi rose 1%, helped by gains in Samsung Electronics and SK Hynix after the Philadelphia Semiconductor Index rose in New York.
Asian chip shares extended their gains as investor interest in the artificial-intelligence trade stayed firm. South Korea's Kospi index was up 1%, supported by advances in Samsung Electronics Co and SK Hynix. 3% rise in the Philadelphia Semiconductor Index (SOX) in New York.