South Korea's Kospi index plunged over 10% on heavy selling of chipmaking stocks amid renewed concerns about artificial intelligence boom sustainability. The sharp technology sector decline triggered broader weakness across Asian markets.
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South Korea's Kospi index has plunged over 10% on heavy selling of chipmaking stocks that have gyrated recently due to concerns over the sustainability of the boom in artificial intelligence.
this outlet adds: timescolonist, asia, hong, kong, tuesday, arti
this outlet adds: timescolonist, sout, hong, kong, tuesday, arti
Asian shares slip and South Korea’s Kospi index sinks 10% on heavy selling of chipmaking stocks AP News
South Korea's Kospi index plunged more than 10% on Tuesday morning as chipmaking stocks came under heavy selling amid renewed concerns over whether the artificial intelligence boom can be sustained.
South Korea’s Kospi share index has dropped 8% on prolonged selling of chipmaking shares.
South Korea’s Kospi share index falls nearly 7%, other Asian shares also mostly lower AP News