Sell-off on the South Korea’s chip-centric Kospi index as AI boom compared to the final months of the dotcom era

South Korea's KOSPI index plunged nearly 10% as SK Hynix and Samsung sell-off triggers circuit breakers, raising doubts about AI-driven stock valuations.

Seoul tanked more than eight percent Friday, leading another rout across Asia equity markets as the rollercoaster ride that has characterised the week continued into the weekend.