KOSPI Climbs to Record as Chip Stocks and AI Optimism Drive Rally
South Korea’s benchmark KOSPI reached an all-time high on Monday, propelled by strong rallies in major memory-chip companies as investors favored AI-linked equities and followed gains on Wall Street. The index rose as much as 3.6% to 8,131.15 points, extending a year-to-date advance of more than 90%.