KOSPI & TSMC

KOSPI: The KOSPI index soared past 7,000 points for the first time, reaching a record high of 7,417.54, largely due to the significant gains in Samsung Electronics and SK Hynix shares, which together account for a substantial portion of the index's value.

TSMC: TSMC is mentioned as the first Asian company to reach a $1 trillion market capitalization, setting a precedent that Samsung Electronics has now followed. Apple Inc. has also held discussions with Samsung Electronics to potentially use them as a secondary processor supplier, diversifying from TSMC.

KOSPI: The KOSPI index has climbed significantly, hitting record highs due to foreign investor interest in chipmakers, making it the best-performing major stock market since the start of 2025.

TSMC: TSMC (TSMC) remains Asia's largest company by market value and is a critical part of the global AI supply chain, potentially benefiting from Samsung's labor issues.

KOSPI: Seoul's KOSPI index surged over five percent, passing 7,000 points for the first time, largely propelled by the strong performance of Samsung Electronics and other tech firms.

TSMC: TSMC's shares shot up, leading the surge in Taiwan's Taiex.

KOSPI: The KOSPI experienced a jump, indicating positive market reaction to the prospect of further United States-Iran negotiations.

TSMC: TSMC reported a record first-quarter net profit of US$18 billion, indicating strong demand for artificial intelligence.