JPMorgan Raises Bull-Case Target for South Korea's Kospi Index Amid Strong AI and Semiconductor Momentum
JPMorgan has raised its bull-case target for the Kospi index from 9,000 to 10,000, projecting potential gains of over 25% driven by strong demand in artificial intelligence infrastructure. The Kospi is already up more than 80% year-to-date and continues to outperform amid rising investments in semiconductor leaders like Samsung Electronics and SK hynix.
Topics: artificial intelligence (AI) investment banks Kospi semiconductors