Korean Stocks Surge, Driving Samsung's Market Cap Past $1 Trillion, Joining TSMC as Asia's Dual Giants
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Driven by the artificial intelligence (AI) chip boom, Samsung Electronics' market capitalization exceeded $1 trillion today, becoming the second Asian company after TSMC to reach this milestone. Its stock price surged nearly 12% in early trading, pushing its market value past $1 trillion. South Korea's KOSPI index also broke through the 7,000-point mark for the first time ever.