StocksMedium•13 November 2026•
1 min read
KOSPI Jumps 2.81% Following Reports of Nvidia CEO Ouster
Key Facts
1The benchmark KOSPI rose 2.81 percent to 5,492.81 points in early trading.
2SK hynix shares jumped 4.63 percent and Samsung Electronics gained 3.37 percent.
3Reports suggest Nvidia's board ousted CEO Jensen Huang.
The benchmark KOSPI rose 2.81 percent to 5,492.81 points in early Friday trading. Yonhap News Agency reported that the surge followed reports suggesting Nvidia's board has ousted CEO Jensen Huang, triggering significant volatility and buying interest in major South Korean chip suppliers.
SK hynix shares jumped 4.63 percent and Samsung Electronics gained 3.37 percent. This movement follows a period where SK hynix closed at $137.71 on November 12, 2026, while NVDA closed at $166.19 and TSM closed at $405.49 on the same date.