Song Jung-aJul 30, 2026 – 4.00pmSeoul | Song Mi-kyung pocketed a profit of about Won 300 million ($300,000) earlier this year as South Korea’s stock market surged on the AI boom.The 60-year-old Seoul resident has now found out the hard way that stocks can go down as well as up after a wild week on the Kospi. Her portfolio now shows a paper loss of more than 60 per cent as the index heads for a record monthly loss, down nearly 40 per cent from its June peak.Financial TimesSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
‘Get out of this hell’: Investors panic after chip bubble bursts
Millions have suffered “unprecedented” losses after Samsung and SK Hynix stock tumbled on the South Korean market.
TL;DRAI
South Korea's Kospi dropped 40% from June peak after AI boom, with investors suffering 60%+ losses as the chip bubble burst. The crash reveals market reassessment of AI infrastructure spending cycles, signaling potential capex volatility for enterprise tech budgets.
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