Business · Markets · 21 hrs ago

South Korean chip and battery suppliers gain as major stocks pause

South Korean chip and battery suppliers gain as major stocks pause

Shares in South Korean companies that supply materials, parts and equipment for semiconductor production have been rising.

Battery materials companies have also seen their shares climb.

This is happening while major semiconductor stocks and biotech shares, a leading sector on the KOSDAQ market, have paused.

Investors expect global investment in AI to grow.

That expectation is helping lift supplier stocks, according to market analysis.

The story does not specify what will happen next.

Sources

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