Goldman Sachs raises its Kospi target to 8,000 on AI chip demand
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Goldman raised its year-end Kospi target to 8,000 from 7,000 on earnings upgrades tied to AI-chip demand and favorable valuations, underscoring how the semiconductor boom is lifting Korea equities.
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@yoolimleenewsGoldman Sachs raised its target for Korea’s Kospi to 8,000 from 7,000, citing earnings upgrades for strong AI-related chip demand, and favorable valuations. Kospi has jumped 47% this year to 6,230 with chip heavyweights Samsung rising 78%