South Korea Stock Market Boom

South Korea's Kospi stock market has hit record highs, driven by the artificial intelligence boom and strong demand for memory chips.

Goldman Sachs has boosted its outlook for South Korean and Taiwanese stocks, projecting further upside.

This surge is fueled by companies like TSMC, which is struggling to meet the high demand from American customers, even with new factory builds.

SK Group's chairman has also met with TSMC's CEO to discuss advanced memory cooperation, highlighting the intense competition and investment in AI technologies.