South Korea’s chip giants just logged their biggest rally ever. What it means for the global AI trade.

South Korea’s Kospi index surged 17.9% on Friday, its biggest percentage rise on record since 1985. The two memory-chip giants, SK Hynix and Samsung, each broke records with gains of 29% and 26% respectively. This exceptional performance follows a tech-led rebound on Wall Street and renewed optimism around artificial intelligence.

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