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Kospi tumbles 6% as AI investors fear rally may be overblown. A bigger crash coming closer?
South Korea's Kospi index dropped significantly, led by chip stocks. Investors questioned the sustainability of record earnings driven by artificial intelligence demand. Samsung Electronics and SK Hynix, major index components, saw substantial declines. Other sectors like battery and shipbuilding also faced considerable losses. Foreign investors continued to be net sellers of South Korean equities.
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cryptobriefing.com
Samsung Electronics set to reassure chip stock investors amid AI trade jitters
Samsung Electronics prepares to reassure chip investors after Kospi crashes rattled AI stocks and spilled over into Bitcoin and crypto markets.
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benzinga.com
KOSPI Plunges as Foreign Sell-Off Hits 11th Day Ahead of Samsung’s 'Explosive' AI Earnings
South Korea's KOSPI plunges amid an 11-day foreign sell-off as investors brace for volatility ahead of Samsung's explosive AI earnings.
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Asian tech stocks slump as investors lock in profits after Samsung's monster run
Samsung Electronics fell 9% and SK Hynix dropped nearly 15% as investors rotated out of AI chip stocks, dragging the Kospi index down roughly 5%.
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economictimes.indiatimes.com
Kospi tumbles 6% as AI investors fear rally may be overblown. A bigger crash coming closer?
South Korea's Kospi index dropped significantly, led by chip stocks. Investors questioned the sustainability of record earnings driven by artificial intelligence demand. Samsung…
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channelnewsasia.com
South Korea's KOSPI tumbles 8%, triggering circuit breakers for sixth time this year
SEOUL: South Korean shares fell 8 per cent on Tuesday, led by chipmakers, as investors questioned whether record earnings tied to AI could hold up.The benchmark KOSPI was down…