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Story summary
- South Korea’s Kospi rose from 5,000 to 8,000 in 2026, a 100% gain.
- Memory makers SK Hynix Inc. and Samsung Electronics Co. powered the surge.
- The index jumped 5.1% on Wednesday.
- The rally exceeds historic run-ups before the dot-com bubble and the 1980s industrial boom.
- The Kospi now matches the Nasdaq 100’s 102% rise in 1999, prompting observers to note a shift toward lasting memory-chip demand growth.
