Meta's plan to sell excess AI computing capacity triggered a sharp selloff in South Korean chipmakers and raised oversupply fears across the AI sector.

Meta's plan to sell excess AI computing capacity triggered a sharp selloff in South Korean chipmakers and raised oversupply fears across the AI sector.

(Bloomberg) -- Asian stocks fell for the first time in four days after a selloff in chipmakers revived concerns that the artificial intelligence-driven rally may have gone too…

South Korean stocks experienced a sharp decline of nearly 8% on Thursday, hitting their lowest point in over three weeks. This downturn was primarily driven by a global selloff in…

Samsung Electronics and SK Hynix shares plunged as much as 14% as South Koreas Kospi extended its sharp selloff for a second day. The decline was triggered by renewed concerns…

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