Korean stocks rebound from brink of correction as Samsung AI demand lifts index
Korean equities halted a slide toward correction territory as Samsung rallied on renewed AI chip demand and favorable semiconductor guidance, a key stabilizing catalyst for the region's tech-heavy index.
South Korean chipmakers remain central to global AI infrastructure capex plans, with Samsung's strength in GPU and AI accelerator sales shoring up investor confidence despite broader market pressures from rising yields and tech sector rotation.