Korean Tech Stocks Plunge Amid AI Spending Concerns

Driven by concerns over AI infrastructure spending and potential industry bubbles, the South Korean stock market plummeted by 10.84%. Major chipmakers Samsung Electronics and SK Hynix saw their stock prices plunge around 9% to 10%, dragging the KOSPI index to its worst decline in months.

2026-07-28 ~ 2026-07-29 · 3 related posts