{"slug": "seoul-stocks-open-at-fresh-record-high-on-continued-chip-rally", "title": "Seoul stocks open at fresh record high on continued chip rally", "summary": "Seoul stocks opened at a fresh record high Friday, with the KOSPI surging 2.48 percent to 9,288.89, driven by a continued chip rally fueled by artificial intelligence demand. The gains followed overnight Wall Street advances led by Intel, Nvidia, and Micron Technology, after U.S. President Donald Trump announced Intel's deal with Apple to design and build chips in the U.S.", "body_md": "Seoul stocks opened at a fresh record high Friday after surging past a new milestone of above 9,000, boosted by a continued chip rally amid a boom in artificial intelligence (AI). The benchmark Korea Composite Stock Price Index (KOSPI) opened up 225.05 points, or 2.48 percent, at 9,288.89. The market got a boost from overnight gains on Wall Street, led by major chipmakers, such as Intel, Nvidia and Micron Technology. U.S. President Donald Trump said that Intel had agreed to a deal with Apple to design and build chips in the United States. Analyst Han Ji-young from Kiwoom Securities expected the local market to continue on a chip rally but noted that the rise could be limited due to profit taking. \"There seems to be a consensus among investors that increasing dependence on major leading stocks is the winning strategy, in the face of external uncertainties,\" Han said.", "url": "https://wpnews.pro/news/seoul-stocks-open-at-fresh-record-high-on-continued-chip-rally", "canonical_source": "https://www.koreatimes.co.kr/economy/20260619/seoul-stocks-open-at-fresh-record-high-on-continued-chip-rally?utm_source=rss", "published_at": "2026-06-19 00:27:03+00:00", "updated_at": "2026-06-19 00:30:21.029236+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-chips", "ai-infrastructure"], "entities": ["KOSPI", "Intel", "Nvidia", "Micron Technology", "Apple", "Donald Trump", "Kiwoom Securities", "Han Ji-young"], "alternates": {"html": "https://wpnews.pro/news/seoul-stocks-open-at-fresh-record-high-on-continued-chip-rally", "markdown": "https://wpnews.pro/news/seoul-stocks-open-at-fresh-record-high-on-continued-chip-rally.md", "text": "https://wpnews.pro/news/seoul-stocks-open-at-fresh-record-high-on-continued-chip-rally.txt", "jsonld": "https://wpnews.pro/news/seoul-stocks-open-at-fresh-record-high-on-continued-chip-rally.jsonld"}}