Kospi, Nikkei Rise on Chipmaker Gains

Kospi rose 2.5% on chipmaker gains The Kospi and Nikkei indexes increased due to a surge in chip stocks. The rebound was driven by a supply deal between Broadcom and Apple, as well as reports of potential Nvidia H200 purchases in China. Foreigners bought Ko

Kospi rose 2.5% on chipmaker gains

The Kospi and Nikkei indexes increased due to a surge in chip stocks.

The rebound was driven by a supply deal between Broadcom and Apple, as well as reports of potential Nvidia H200 purchases in China.

Foreigners bought Korean shares worth 280 billion won, while the won weakened against the dollar.

The broader market rally was limited by oil price increases and US-Iran hostilities.

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