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[Today’s Signal] Korea’s Chip Supercycle Is Repricing Capital

South Korea’s artificial intelligence semiconductor boom is shaping both its economic outlook and interest-rate environment.

  • South Korea's semiconductor industry, especially AI, fuels economic growth and interest rates
  • Bank of Korea raises rates to 3.00% on August 27, forecasts 3.3% growth for 2026 and 2.9% for 2027
  • Nvidia's AI revenue surges 106%, net income rises 126%, projected 70% growth in 2028

Seoul stocks open lower despite US rally

Seoul stocks opened lower Friday, bucking overnight gains on Wall Street, while investors sat on the sidelines ahead of the Jackson Hall meeting set to provide clues on the Federal Reserve's rate policy. The benchmark Korea Composite Stock Price Index (KOSPI) opened down 65.83 points, or 0.95 percent, to 6,846.54 as of 9:15 a.m.

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