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South Korea's Top 10 Conglomerates Gain 65% to $2.6 Trillion as AI Chip Stocks Rally

GateNews
StocksAI Industry News

According to The Korea Herald, South Korea’s top 10 conglomerates saw their combined market value rise 65% to 3,832.7 trillion won (US$2.6 trillion), driven by a rally in AI-related chip stocks. SK Group posted the largest gain with a 89.6% increase to 1,139.8 trillion won (US$775 billion), led by a 93% surge in SK hynix. Samsung Group ranked second with a 68% increase to 1,684.1 trillion won (US$1.15 trillion), while Hanwha Group gained 50% as defense shares climbed following the outbreak of the Iran war.

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