Seoul shares again dip over 1% after 2-day deep rout amid AI spending concerns

Seoul shares again dip over 1% after 2-day deep rout amid AI spending concerns

Seoul's KOSPI dropped 1.23% after retail investors sold tech stocks, citing concerns that major companies' heavy AI investments won't justify current valuations. The selloff signals waning confidence in tech AI spending ROI and tighter Fed policy, raising questions about enterprise tech budgets and AI project justifications.