South Korean chipmakers extend rally on AI optimism in post-holiday trade

SEOUL, Oct 10 (Reuters) – Shares of South Korean chipmakers extended a rally on Friday on optimism around artificial intelligence. Shares of Samsung Electronics rose as much as 5.96% to their highest level since January 11, 2021 and SK Hynix jumped 7.71% to a record high, extending gains for a third straight session. The benchmark KOSPI stock index gained more than 1% to an all-time high, led by the chip heavyweights, after a local holiday period from October 3 to 9. (Reporting by Jihoon Lee; Editing by Muralikumar Anantharaman)

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