Seoul stocks open sharply higher on robust earnings from Nvidia
Seoul stocks opened higher Thursday, driven by Nvidia's strong earnings. The Kospi index rose 2.34%. Nvidia's sales doubled year-over-year, exceeding expectations. Samsung Electronics and SK hynix also gained. Investors await the Bank of Korea's rate decision.
How this was made

The 30-second read
Why it matters
Nvidia's earnings serve as a catalyst for both global and regional markets, reinforcing AI-driven buying.
Market read
The earnings surprise has immediate relevance for AI‑related equities worldwide.
What to watch
Potential supply‑chain constraints and macro headwinds could temper upside.
Background
Korean stock index jumped 2.34% after Nvidia's earnings beat, with local heavyweights also gaining.
Ticker impact
Nvidia reported Q2 earnings that beat estimates and gave strong FY2028 guidance, driving Korean market rally.
short-term upside, potential continuation if guidance holds.
Earnings beat and 70% FY2028 income guidance exceed consensus, a material catalyst for a large-cap.
Market effects
AI and semiconductor sector likely to see broader rally.
Korean market rose sharply as investors reacted to Nvidia's earnings.
Nvidia's results influence global tech sentiment and AI investment flows.
Counterpoint
Some investors may view the rapid AI hype as overvalued despite earnings beat.
Key entities
- CompanyNvidia
US semiconductor giant reporting Q2 earnings.
- IndexKOSPI
South Korean benchmark index that rose on the news.





