Korea’s AI rally must go beyond chips: Societe Generale

South Korea’s artificial intelligence rally must expand beyond Samsung Electronics and SK hynix if the country is to achieve broader and more sustainable stock market growth, according to Frank Benzimra, head of Asia equity strategy at Societe Generale. The two chipmakers now account for more than 48 percent of the Kospi’s roughly 5,610 trillion won ($4.1 billion) market capitalization and two-thirds of the combined first-half net profit of all Kospi-listed companies. “Today, the Korean market r