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Key facts: Samsung Electronics boosts KOSPI; partners with OpenAI; orders €3.6B from ASML

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  • Samsung Electronics (005930) rose 3.71% on Wednesday, boosting the KOSPI by 2.68%, as South Korean stocks hit a record high amid U.S. interest rate cut speculation.1
  • Samsung Electronics has agreed with OpenAI to build AI infrastructure, highlighting the growing need for advanced semiconductors fueled by artificial intelligence.2
  • Samsung Electronics placed major orders with ASML Holding, totaling 3.6 billion euros for extreme ultraviolet lithography machines, crucial for advanced semiconductor manufacturing.3