KOSPI Hits All-Time High as AI Chip Boom Powers South Korea

KOSPI, the Korean Composite Stock Price Index (KOSPI), an index of all common stocks traded on the Stock Market Division in South Korea, is pleased to discuss the three different aspects of trading in South Korea. Essentially, KOSPI is highlighting the All-Time High (ATH) achieved by South Korea, while other developments are also progressing in tandem.

KOSPI has discussed three main aspects of trading in South Korea, including semiconductors, Crypto, and booming exports. Semiconductors are in a leading position in trading by 175% in South Korea; the KOSPI index has experienced significant growth. Under semiconductors, there are two main companies: Samsung Electronics and the other is SK Hynix. These companies have a strong weight inside the index.  Bull Theory has released this news through its official social media X account.

Semiconductors Powering South Korea’s Economic Surge

Samsung Electronics and SK Hynix are two companies that constitute a major part of the revenue generation of South Korea. As the market demand for semiconductors rises, the entire market moves to higher prices.  Recent hits suggest that people are actively taking an interest in buying electronic goods all over the world. South Korea is making chips at a massive level and facilitating users with electronic goods.  

Export Boom Lifts South Korea’s Stock Market

After the semiconductors, the next one is an export that has surged more than 47% YOY, instead of reducing due to the shortage of working days due to the Lunar New Year holiday. In all that, Semiconductors are also leading in the overall exports, data reveals that semiconductor exports jumped +134% YOY solely. This means Semiconductors are highly in demand and lifting the South Korean Stock market.

Crypto Struggles as AI Leads Korea’s Market

As per the details shared by Bull Theory, the impacts of Semiconductors are so high that it brings another expansion in the entire market, which is Crypto momentum. Crypto struggled to regain its momentum and also participated in the stock market of South Korea. Due to this, South Korea has become one of the most retail-driven crypto markets in the world.

During Bull markets, local markets become so strong that even the price of Bitcoin ($BTC) and other crypto trading remain at high prices on Korean exchanges in contrast to global markets. South Korean has given the name of Kimchi Premium to this difference. This is a sign of the strong contribution of retail toward entering crypto markets.

At the time of the market crash last year, a huge part of retail capital was shifting toward domestic equities, specifically in AI and semiconductor stocks, which had previously flowed into the crypto market. This record shows that retail liquidity in Korea is not following crypto, but rather it is chasing AI.