South Korea stocks see record foreign buying on appetite for chips

AI fever spurs investors toward Samsung and other 'Korea discount' names

20240410N south korea stocks

The South Korean market has begun to benefit from the rise in semiconductor stocks. (Nikkei)

NAMI MATSUURA, Nikkei staff writer

SEOUL -- South Korean stocks saw net purchases by foreign investors triple on the year in January through March to 15.8 trillion won ($11.6 billion), driven by an appetite for relatively cheap chip stocks amid the artificial intelligence boom.

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