KOSPI jumps 15% as global chip stocks rally

South Korea’s KOSPI jumped nearly 15% amid a broad rally in global semiconductor equities. The move aligns with outsized gains across chipmakers, indicating elevated volatility across national equity indices that now resemble high-beta, momentum-driven trades. Crypto markets often correlate with risk-on equity surges led by tech and semiconductors, so this development signals stronger short-term risk appetite.