KOSPI Recovers Above 7,000 Mark as Semiconductor Rally Resurfaces with Foreign Investor Inflows

The KOSPI reclaimed its 7,000-point level for the first time in three days, bouncing back from a sharp sell-off triggered by concerns over China's AI model 'Kimi K3' last week. The domestic market, which had dropped to around 6,000 points, rapidly regained investor confidence amid strong foreign buying and rising U.S. semiconductor stocks. The index surged over 5% in early trading, triggering consecutive buy-side circuit breakers. Semiconductor stocks led the rebound, with Samsung Electronics and SK Hynix driving the recovery as foreign investors poured in billions. The U.S. semiconductor indices also surged over 5%, with major firms like Micron, AMD, and Intel rising sharply, boosting investor sentiment. Analysts note the recent decline may have been excessive, as renewed interest in memory and semiconductor investments has revived market optimism.