Seoul shares sharply down late Tues. morning on tech slump - The Korea Times

Seoul shares sharply down late Tues. morning on tech slump - The Korea Times

Seoul's KOSPI crashed 8.59% Tuesday on investor skepticism over AI capex spending by tech giants. The selloff signals market doubt on AI ROI; Korean chipmakers (Samsung –9.84%, SK Hynix –11.67%, SK Telecom –16.04%) face pressure to justify massive semiconductor capex.