Amid the uncertainty and volatility seen on Korea's bourses, exports and trade balances managed to rise on chip-led growth, fueled by momentum in artificial intelligence (AI) investments. This points to a mixed bag of healthy indexes stacked against what has been described as a "roller coaster" of volatility for both KOSPI and Kosdaq. It is vital to steady the bourses, which serve as a healthy venue for firms to raise capital and provide investors with a chance to grow their assets. Korea's current account surplus in June ended in the black, posting a record $14.1 billion. It saw surpluses for 26 months straight, the third time such surpluses have extended since 2000, according to Bank of Korea figures announced Tuesday. Exports rose in June to $60.3 billion, a 2.3 percent increase over the same period in the previous year. Samsung puts its second quarter sales tentatively at 171 trillion won ($113.6 billion), and announced an operating profit of 89.4 trillion won was announced on Tuesday, surpassing Nvidia's highest operating profit of around 82 trillion won. Further, the International
Samsung chairman seeks meeting with Nvidia CEO Jensen Huang as AI chip alliance deepens