On Monday, South Korean shares experienced a remarkable surge, with the benchmark KOSPI index climbing 5.12% to reach a record close of 6,936.99. This increase marked the largest daily percentage rise since April 8. The rally was primarily driven by optimism surrounding the chipmaking sector, as major companies like Samsung Electronics and SK Hynix reported significant gains of 5.44% and 12.52%, respectively. Positive economic indicators also contributed to the surge; South Korea's factory activity expanded at its strongest pace in over four years in April, largely due to rising semiconductor demand. Additionally, exports increased for the 11th consecutive month, surpassing forecasts thanks to a boom in chip sales. Foreign investors were notably active, net buying shares worth 3 trillion won (approximately $2.05 billion). The South Korean won strengthened against the dollar, closing at 1,462.8 per dollar. Overall, the market sentiment remains bullish, with analysts highlighting the relentless rise of AI-related stocks as a driving force.