Global Market: South Korean shares jump 3% as chipmakers rally on strong exports, AI demand
South Korean shares rose more than 3% on Wednesday, rebounding from a six-month closing low, as chipmakers rallied on strong export data and optimism over sustained demand for artificial intelligence infrastructure.
The benchmark KOSPI climbed 168.52 points, or 3.03%, to 5,721.26 as of 0121 GMT. The index had closed at its lowest level since April 7 in the previous session.
