** South Korean shares rose 1% on Monday as chipmakers rebounded from an AI-driven selloff last week, with investorsshrugging off concerns surrounding Nvidia after assurances that the country's contracted GPU supplies would not be affected.
** The benchmark KOSPI was up 1.57%, or 79.58 points, at 5,139.27 as of 0146 GMT. On Friday, the index dropped 6% to its lowest close since March 31.
** A senior South Korean official said issues currently affecting Nvidia would not affect South Korea's contracted supply of graphics processing units from the US AI chipmaker.
** Wall Street recovered some ground on Friday, a day after fears about tighter US regulation of AI wiped trillions of dollars off world stock markets and triggered a dash for government bonds.
** The semiconductor sector carries significant weight in South Korean equities, with memory-chip giants Samsung Electronics and SK Hynix among the market's biggest constituents and key beneficiaries of AI-related demand.