Middle East risk meets chip strength as KOSPI settles above 7,000
Hormuz Strait clash headlines and AI-chip earnings gains collide, lifting volatility
- 1.HMM Namu-ho drone strike in Hormuz confirmed
- 2.Samsung and Hynix beat lifts KOSPI past 7,000
- 3.Won-dollar rate edges up to 1,512
- 4.Middle East blockade fears vs Big-Tech AI monetization hopes
- 5.Iran-US peace-talk progress in focus
“AI chip demand persists…price upside likely to continue” — Semiconductor analyst
“Hormuz blockade risk adds to oil and FX volatility” — Shipping & energy desk