{"slug": "south-koreas-kospi-index-jumps-more-than-13-on-a-surge-of-chipmaking-stocks", "title": "South Korea’s Kospi index jumps more than 13% on a surge of chipmaking stocks", "summary": "South Korea's Kospi index jumped 13.1% to 6,330.59 on Friday, led by a surge in AI-related stocks after a sharp sell-off earlier in the week. Samsung Electronics shares rose 19.3% and SK Hynix soared 22.6%, while Tokyo's Nikkei 225 climbed 4.9% with SoftBank Group up 15.1% and Tokyo Electron up 9.2%.", "body_md": "BANGKOK (AP) — South Korea's Kospi index jumped more than 13% on Friday, tracking Wall Street gains, as artificial intelligence-related stocks bounced back after losses this week.\n\nIn early Asian trading, the Kospi rose 13.1% to 6,330.59. Shares of South Korean technology giant Samsung Electronics surged 19.3%, while memory chipmaker SK Hynix soared 22.6%.\n\nThe Kospi index had plummeted more than 16% on Tuesday and Wednesday on a sell-off of technology stocks in part over worries about an AI bubble and rising intensive competition from chipmaking rivals in China.\n\nTokyo's Nikkei 225 also climbed 4.9% in early Friday trading. Multinational investment holding company and OpenAI-investor SoftBank Group jumped 15.1%, while chip equipment maker Tokyo Electron rose 9.2%.\n\nThe Associated Press", "url": "https://wpnews.pro/news/south-koreas-kospi-index-jumps-more-than-13-on-a-surge-of-chipmaking-stocks", "canonical_source": "https://ca.finance.yahoo.com/news/south-korea-kospi-index-jumps-005343773.html", "published_at": "2026-07-31 00:53:43+00:00", "updated_at": "2026-07-31 01:22:14.745642+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-chips"], "entities": ["Samsung Electronics", "SK Hynix", "SoftBank Group", "Tokyo Electron", "Kospi", "Nikkei 225"], "alternates": {"html": "https://wpnews.pro/news/south-koreas-kospi-index-jumps-more-than-13-on-a-surge-of-chipmaking-stocks", "markdown": "https://wpnews.pro/news/south-koreas-kospi-index-jumps-more-than-13-on-a-surge-of-chipmaking-stocks.md", "text": "https://wpnews.pro/news/south-koreas-kospi-index-jumps-more-than-13-on-a-surge-of-chipmaking-stocks.txt", "jsonld": "https://wpnews.pro/news/south-koreas-kospi-index-jumps-more-than-13-on-a-surge-of-chipmaking-stocks.jsonld"}}