KOSPI Tumbles 5% as Chipmakers Slump on AI Worries

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South Korea's KOSPI index dropped nearly 5% today, driven by a broad sell-off in chipmakers. Concerns about the artificial intelligence sector fueled the decline, erasing $170 billion from the market.

The slump reflects investor apprehension regarding the AI industry, which heavily influences the performance of South Korean chip manufacturers. This sector-specific anxiety has translated into a significant market correction for the KOSPI. Hyperdash markets have

KOSPI 200 off -0.02% since the news.

SourcesReuters

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