Futures On Edge As Sliding Chips Spark Another Korea Crash, Payrolls On Deck

Seoul shares plunge nearly 8% on tech sell-off amid renewed AI concerns

Meta rumored to monetize excess AI computing capacity, while Apple negotiates with Chinese chip suppliers: KOSPI crashed 7.89%, Samsung −9%, SK Hynix −14.57%. The market signals AI infrastructure overcapacity; China supply diversification reduces scarcity premiums and forces data center capex recalibration.