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After the US. Now South Korea.
Kospi just hit a new all time high. 8,326. Up 3.46% today.
Samsung up 6.30% today. New all time high. Adding roughly $85 billion in market value in a single session.
Two things happened at exactly the same time.
Samsung reached a preliminary pay deal with its union last week. The 18 day strike threatening to shut down half of global chip production was called off. Apple and HP had already started calling alternative suppliers. JPMorgan had estimated 40 trillion won in lost profits if the strike went ahead.
That risk is now gone. The market celebrated immediately.
And the memory demand story keeps getting stronger. $Micron crossed $1 trillion market cap yesterday in the US. Every AI data centre. Every Nvidia GPU cluster. Every server being built right now needs Samsung chips.
Three walls were hanging over Samsung last week. Strike risk. Korean market selloff. Global inflation fears.
All three cleared in days.
Kospi up 86% year to date. Best performing major index on earth in 2026. South Korea went from war fear selloff to all time highs in eight weeks.
Rest. #DYOR