# South Korea’s Kospi soared nearly 7% to a fresh record on Wednesday.

*semiconductor · news · 2026-05-06 · The Atlanta Journal-Constitution*

## Key points

- Samsung Electronics' stock surged nearly 13%, propelling the Kospi to a record high.
- SK Hynix shares jumped 10% amid heightened demand for AI-related computer chips.
- The rally is attributed to optimism over AI growth and easing U.S.-Iran tensions.
- Both Samsung and SK Hynix are crucial suppliers for artificial intelligence applications.

**Companies:** Samsung Electronics, SK Hynix
**Countries:** South Korea, Iran, United States

[Read the full story on The Atlanta Journal-Constitution](https://www.ajc.com/news/2026/05/ai-boom-drives-a-rally-in-buying-of-tech-shares-pushing-south-koreas-kospi-to-a-record/)

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