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South Korea's Kospi rebounds into bull market, led by semiconductor stocks amid AI optimism.

Market News
13 Aug 2026
CNBC
View Source
Bullish
pluang ai news

South Korea's Kospi index has surged over 20% from its July low, marking a return to bull-market territory driven by strong investor interest in semiconductor companies. This rebound follows a recent sell-off caused by leveraged positions and forced selling. Confidence has been boosted by strong U.S. tech earnings and ongoing AI infrastructure investments, supporting expectations for robust demand in memory chips. However, the market remains volatile due to its heavy reliance on a few semiconductor giants and uncertainties around AI spending. Experts suggest the rally is grounded in improving fundamentals rather than speculation, but caution that some consolidation may occur after the sharp rise.

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