South Korea's Kospi Index Doubles in 2026, Surpassing Dotcom-Era Gains
South Korea's Kospi index has surged 100% in 2026, driven by strong performances from memory chip makers SK Hynix and Samsung Electronics. The benchmark rose from 5,000 to 8,000 points within months, surpassing gains seen during the dotcom bubble and the 1980s industrial boom. Despite parallels to the 1999 Nasdaq rally, analysts largely view this growth as supported by a structural shift toward sustained global demand for memory chips rather than a speculative bubble.