South Korea rides AI wave, also overtakes India on m-cap chart

June 3, 2026

South Korea has surpassed India to become the world’s sixth-largest equity market. This shift is attributed to strong performance from South Korean semiconductor companies. These firms are benefiting from booming demand within the artificial intelligence sector. India’s market has seen a decline, partly due to foreign investor selling amid geopolitical concerns. South Korean tech giants are leading the rally.

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