South Korea’s AI-linked stocks sink 10.84% as Samsung and SK Hynix plunge
emmanuelvivier · x · 2026-07-29
South Korea’s market fell 10.84% as doubts grew around the AI boom, with SK Hynix dropping 10% and Samsung Electronics 9.15% in the sharpest KOSPI selloff since March.
The same thread adds that Microsoft is developing internal AI models to reduce dependence on OpenAI and cut costs on some uses by up to 89%, according to VentureBeat.
Related event: South Korea AI Chip Stocks Plunge 10.84%, Global Compute Narrative Repriced(8 posts)→
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