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South Korea Tech Firms Reach Trillion Dollar Mark

South Korea Tech Firms Reach Trillion Dollar Mark

South Korea's Kospi stock market has surpassed the 8,000-point milestone, driven by a surge in chipmakers specializing in AI-related semiconductor production. The rise is fueled by the achievement of major South Korean companies, such as Samsung and SK Hynix, reaching trillion-dollar valuations and experiencing significant share price increases. Experts warn that the market's heavy reliance on these two firms and the potential for a bubble pose risks despite continued growth predictions.

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