South Korean chip stocks rise on renewed demand optimism
South Korean semiconductor shares rose on renewed optimism about chip demand, following early enthusiasm for Meta Platforms’ new AI product that lifted global AI stocks.
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Asian tech stocks rise on AI optimism; Trump-Xi meeting in focus
Emerging Asian stocks rose on Monday, led by chip-related shares, as investors awaited a meeting between US President Donald Trump and Chinese President Xi Jinping later this week for signals on trade ties and the global economic outlook.
South Korean KOSPI nears 3-week high on chip rally
South Korea’s benchmark KOSPI rose nearly 4% to around 6,830, its highest level in almost three weeks, as chipmakers rallied and softer-than-expected US inflation supported risk appetite.