Seoul’s benchmark Kospi index closed higher on Wednesday, marking a second consecutive day of gains driven by sustained momentum in the semiconductor sector.
The rally was broad-based within the technology group, with investors increasing exposure ahead of critical earnings releases from major US technology companies later this week.
SK Hynix and Samsung Electronics led the advance, benefiting from renewed optimism surrounding memory chip demand and data center infrastructure spending.
The positive sentiment in Seoul mirrored broader risk-on flows in Asian equities, as traders looked for early signals on the health of the global AI supply chain before US markets open.
The market move comes as investors digest recent data suggesting resilience in enterprise IT spending.
While specific guidance from US peers remains pending, the pre-earnings positioning indicates that traders are pricing in stable or improving margins for Korean memory makers.