South Korean stocks celebrated their best quarter in almost three decades, driven by a phenomenal surge in chipmakers. The KOSPI index soared, with tech giants Samsung Electronics and SK Hynix posting impressive gains, fueled by a new government strategy for semiconductor and AI investments. Despite some volatility, the market's performance highlights a strong investor focus on the AI-driven chip sector's potential.

South Korean markets saw a mixed close Monday as chipmakers recovered from initial sharp declines following a massive $576 billion AI and data centre investment announcement.…

The rally driven by the global artificial-intelligence boom has exposed structural vulnerabilities in a stock market unaccustomed to wild swings. | World News