# South Korea’s Kospi soared nearly seven per cent to a fresh record on Wednesday.

*fintech · news · 2026-05-06 · Bnn Bloomberg*

## Key points

- Samsung Electronics’ stock jumped nearly 13 percent, driving the Kospi up almost 7 percent.
- SK Hynix shares surged 10 percent, highlighting heightened optimism in Korean chipmakers.
- South Korea's Kospi reached a fresh record following its reopening after a holiday closure.
- The Nasdaq composite set a new all-time record, rising 1 percent on Tuesday.

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

[Read the full story on Bnn Bloomberg](https://www.bnnbloomberg.ca/markets/2026/05/06/ai-boom-drives-a-rally-in-buying-of-tech-shares-pushing-south-koreas-kospi-to-a-record/)

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