South Korea's KOSPI plunged 8.2% intraday, nearing bear market territory as investors reassess AI demand and semiconductor stocks face heavy selling

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%.

South Korea's Kospi index dropped significantly, led by chip stocks. Investors questioned the sustainability of record earnings driven by artificial intelligence demand. Samsung…

The AI-driven rally that turned South Korea into one of the world's hottest equity markets ran out of fuel on Tuesday. As of 9:50 am IST, the Korean benchmark tumbled over 7%, to…

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…

South Korea's KOSPI plunged 8.2% intraday, nearing bear market territory as investors reassess AI demand and semiconductor stocks face heavy selling

South Koreas Kospi entered bear market territory after falling over 20% from its June peak, dragged down by a sharp selloff in semiconductor giants Samsung Electronics and SK…

South Korea's KOSPI index enters bear market territory, falling over 20% from its June peak as Samsung and SK Hynix sell off on AI spending fears.