KOSPI Snaps Back 15% as Asia’s AI Chip Rally Returns

South Korea’s KOSPI index surged by double digits on Friday morning. The rebound follows back-to-back circuit breakers on Tuesday and Wednesday, as well as sharp monthly losses. Stronger-than-expected cloud results from Microsoft and Amazon revived confidence in AI spending, sparking a chip rally across Seoul and Tokyo. KOSPI Rebound Triggers Buy-Side Sidecar in Seoul According