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How a rumored Apple-Intel chip deal drove a global tech rebound and Kospi surge — Market Wrap Jun 19, 2026
Today's AI insights from 7horns.ai reveal a mixed overnight session with Japan's Nikkei hitting a record high, rising 0.27%, while South Korea's Kospi surged 3.1% fueled by a semiconductor rally. Despite US markets being closed for Juneteenth, Thursday saw a blockbuster tech-led rebound with the Nasdaq up 1.91% and the S&P 500 gaining 1.08%. The catalyst was a rumored domestic chip manufacturing partnership between Apple and Intel, which sent Intel soaring 10.6% and sparked gains across the semiconductor sector, including Nvidia (+2.95%) and Amazon (+2.9%) amid AI chip news. Energy relief…
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