South Korean Stocks Surge on Samsung Deal and Nvidia Optimism

South Korean stock market saw an 8% jump in the Kospi index, driven by successful labor negotiations at Samsung and bullish comments from Nvidia's CEO regarding the AI industry and chip demand.

21 May, 12:28 — 21 May, 12:28

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marketwatchMostly Factual3d ago

Debt-fueled bets turbocharge South Korean stock-market returns as Kospi jumps 8%

News that Samsung management had managed to negotiate successfully with labor unions prompted a rally in South Korean stocks, augmented by the bullish comments from Nvidia’s CEO about the AI industry and chip demand.

By Jules Rimmer

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South Korean Stocks Surge on Samsung Deal and Nvidia Optimism

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Debt-fueled bets turbocharge South Korean stock-market returns as Kospi jumps 8%

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