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Korean Stocks Jump 8% as Chip Shares Rebound After AI Selloff
Korean stocks surged 8% as chip shares rebounded following a selloff in AI-related investments.
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Adjacent reporting
- Asian shares surge after oil prices slip and Wall Street resumes its AI rally
- Debt-fueled bets are turbocharging the South Korean stock market as Kospi jumps 8%
- Qualcomm drops 13% as chip stocks pull back from record AI-driven rally
- Asia chip-linked shares recover after U.S. peers bounce back
- Broadcom’s stock falls despite accelerating AI chip growth