Seoul stocks rebound over 3 pct on eased AI spending worries
Briefing by News4U · First published
KOSPI rose 3.29 percent to 5,735.66 after Super Micro earnings eased AI spending concerns.
South Korean stocks rebounded Wednesday as the KOSPI gained 182.92 points, or 3.29 percent, to close at 5,735.66, recovering from the previous session's nearly 4 percent plunge, Yonhap Business reported. [1]
Semiconductor shares led the rally, with Samsung Electronics rising 5.67 percent and SK hynix advancing 5.81 percent after better-than-expected U.S. AI server earnings eased investor worries. [1]
Sources
- (2nd LD) Seoul stocks rebound over 3 pct on eased AI spending woes
Yonhap Business · · Full text