Korean stocks surge over 5%, chip stocks rebound strongly driven by "buy the dip"

South Korea’s KOSPI jumped more than 5% in early trading on Tuesday as investors returned to AI-linked names after last week’s selloff, with Samsung Electronics and SK Hynix each gaining over 5%. The rebound followed a strong session for U.S. technology stocks on Monday, even as Nvidia shares fell, and was helped by lower oil prices after President Trump said no further strikes on Iran were needed. Sentiment also drew support from Anthropic’s release of a new AI model ahead of its closely watched Wall Street listing. The move matters because it signals renewed appetite for chip and AI exposure after a sharp risk-off stretch. Next, watch whether the rally holds through the session and whether Nvidia’s weakness spreads to Asian semiconductor names.