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Korea's KOSPI Triggers Buying Sidecars for Second Day as AI Optimism Draws Foreign Investors

Indices AI Industry News

2026-08-05 08:45:47

AMD2.79%

According to E-Daily, Korea's KOSPI index triggered buying sidecars on Aug 5, marking its second consecutive day of gains. This follows KOSDAQ's three consecutive days of buying sidecars through the previous day. The rally, driven by strong earnings from U.S. AI chipmaker AMD and recovering AI investment sentiment, was amplified by returning foreign investor buying activity.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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