KOSPI Breaks 7,700 for the First Time Ever as AI Demand Reshapes Asian Markets

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2026-05-11 04:31:02

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Stock markets in Japan and South Korea surged to record highs on May 11, 2026, fueled by easing geopolitical tensions and explosive demand for AI-related technology. The Nikkei 225 rose 0.78% to 63,201.36, while South Korea’s KOSPI jumped 3.85% to 7,786.73—its first breach of the 7,700 threshold.

Semiconductor giants led the charge. Samsung Electronics gained over 5%, and SK hynix soared 8%, both hitting all-time highs. South Korea’s semiconductor exports skyrocketed 139% year-on-year in Q1 2026, driven by global demand for AI data center components.

The AI boom is rewriting regional market dynamics. Investor confidence swells as tech-driven growth eclipses traditional sector performance. Memory chips, the backbone of AI infrastructure, now dictate market sentiment across Asia.

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