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Samsung shares jump 14 percent as Kospi hits record high led by AI chip demand
Economy
Published on 6 May 2026
AI optimism lifts Samsung and SK Hynix to new highs
South Korea’s Kospi surged to a record high as Samsung Electronics rallied sharply, fueled by optimism around artificial intelligence-driven growth. Chipmaker SK Hynix also gained strongly, reinforcing the market’s AI momentum. Across the ocean, Wall Street pushed to fresh all-time highs as easing oil prices and corporate results beating expectations supported risk-on trading.
- Kospi hits a record as Samsung shares surge about 14%
- AI growth expectations are driving major gains in tech and chips
- SK Hynix climbs alongside Samsung in the same AI-led wave
- Wall Street also reaches new highs as oil cools and profits beat
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times