South Korean shares surged, with the Kospi rising 3.73% to a three-week high, led by chipmakers SK Hynix and Samsung Electronics. Gains followed overnight strength in US AI stocks and reports of Temasek investments. Foreign investors bought $778.5 million of equities, while the won strengthened 0.38% against the dollar.

South Korean shares rose for a third straight session, with the Kospi gaining 3.46% as chipmakers rallied on optimism over strong AI infrastructure demand. Samsung Electronics…

The benchmark Kospi gained as much as 4.8% on Thursday, extending its gain from a July 30 low to around 22%. Heavyweight memory chipmakers Samsung Electronics Co. and SK Hynix…