South Korean Stock Market Plunges 10.84% Amid AI Boom Doubts, SK Hynix and Samsung Fall

emmanuelvivier · x · 2026-07-29

Amid doubts surrounding the sustainability of the AI boom, the South Korean stock market experienced a massive plunge of 10.84%. SK Hynix dropped by 10% and Samsung Electronics fell by 9.15%, dragging the KOSPI to its steepest decline since March.

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