# JPMorgan Chase & Co. raised its targets for South Korean stocks for the second time in less than a month.

*semiconductor · news · 2026-05-11 · Livemint*

## Key points

- JPMorgan raised its Kospi base target to 9,000 and bull-case to 10,000.
- This is JPMorgan's second target increase for South Korean stocks within a month.
- Memory-chip stocks now make up 50% of the Kospi and drove 70% of its 2024 gains.
- JPMorgan forecasts a multi-year upcycle for memory chips, led by rising prices and volumes.
- Both JPMorgan and Goldman Sachs now see 9,000 as a realistic Kospi target.

**Companies:** JPMorgan Chase & Co., Goldman Sachs
**Countries:** South Korea, United States

[Read the full story on Livemint](https://www.livemint.com/market/jpmorgan-hikes-kospi-bull-case-target-to-10-000-on-memory-boom-11778468490547.html)

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