Nomura, JPMorgan bullish on Korean chips despite Kospi swings

Despite wild Kospi swings, brokerages are doubling down on Korean chip stocks, betting the AI-driven memory boom has much further to run. The benchmark index has seesawed in recent sessions, with chip heavyweights Samsung Electronics and SK hynix at the center of the turbulence as investors reassess the outlook for AI demand. On Thursday, the Kospi plunged 7.57 percent, triggering a 20-minute marketwide trading halt. But sentiment swung back Wednesday, when Samsung and SK hynix each surged more

Source: The Korea Herald