South Korea's Kospi index soared over 16% on Friday, driven by a recovery in major chipmakers like Samsung Electronics and SK Hynix following U.S

South Korea's Kospi index dropped 8% as Samsung Electronics and SK Hynix shares plunged, driven by AI financing risks and growing competition from China's semiconductor industry.

South Korean shares saw a rebound on Wednesday after a significant previous day's fall. Investors engaged in dip buying, focusing on domestic chipmaker earnings and major US tech…