South Korea’s Kospi index jumps more than 16% on a surge of chipmaking stocks

South Korea’s Kospi index has jumped more than 16% as artificial intelligence-related stocks bounced back after losses this week

South Korea’s Kospi index jumps more than 16% on a surge of chipmaking stocks  AP News

South Korea’s Kospi index jumps more than 13% on a surge of chipmaking stocks  Toronto Star

South Korea’s Kospi index has jumped more than 13%, tracking Wall Street gains, as artificial intelligence-related stocks bounced back after losses this week

Seoul stocks surged by double digits shortly after Friday's opening, triggering buy-side trading curbs on both the Kospi and Kosdaq indexes within minutes. As of 9:20 a.m., the Kospi was trading nearly 13 percent higher at 6,313 points, remaining in double-digit territory after climbing as much as 14 percent to an intr

It’s no secret that investors are getting nervous about AI, leaving chipmakers’ shares struggling. Wednesday brought further evidence with South Korea’s Kospi (Korea Composite Stock Price Index) falling another 6%. The stock index is down over 32% in just the last month.  The significant decline follows poor performanc

South Korea halted Kospi trading for 20 minutes after the index plunged more than 8% Tuesday, led by steep losses in major chip stocks.

MarketsMajor tech stocks in Japan and Taiwan also fell sharply across the boardStock indexes were down across major Asian markets on July 28, following declines on Wall Street and fears over stiffer Chinese competition. (Photo by Ahn Seong-bok)JADA NAGUMO and AKANE OKUTSUJuly 28, 2026 11:27 JSTUpdated on July 28, 2026

South Korea's KOSPI drops 7% as global chipmaker selloff deepens  Reuters