OnCoin(@OnCoinLive_):Renewed optimism around AI is fueling a strong rebound in South Korean stocks! The KOSPI rose more than 4% intraday, following overnight gains on Wall Street. Samsung Electronics and SK hynix, the index’s two largest constituents, are both major suppliers of memory chips for AI servers. Volatility has surged recently: the KOSPI has recorded daily moves of 3% or more in seven of the past 12 trading sessions, compared with just four such sessions throughout 2024. Despite the strong rebound, the index remains more than 35% below its record closing high of around 9,114 in June, leaving considerable ground to recover. #AI #Samsung #SKHynix #oncoin

2026.10.27 06:11

Renewed optimism around AI is fueling a strong rebound in South Korean stocks! The KOSPI rose more than 4% intraday, following overnight gains on Wall Street. Samsung Electronics and SK hynix, the index’s two largest constituents, are both major suppliers of memory chips for AI servers. Volatility has surged recently: the KOSPI has recorded daily moves of 3% or more in seven of the past 12 trading sessions, compared with just four such sessions throughout 2024. Despite the strong rebound, the index remains more than 35% below its record closing high of around 9,114 in June, leaving considerable ground to recover. #AI# #Samsung# #SKHynix# #oncoin#