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South Korea’s Kospi index sinks more than 10% on heavy selling of chipmaking stocks
South Korea’s Kospi index fell over 10% due to heavy selling of chipmaking stocks like Samsung Electronics and SK Hynix, driven by concerns over competition from Chinese AI startups. Asian markets including Japan’s Nikkei 225 and Taiwan’s Taiex also declined, while Chinese chipmaker CXMT’s $8.6 billion IPO fueled fears of global market disruption.
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- Asian shares slip and South Korea’s Kospi index sinks 11% on heavy selling of chipmaking stocks
- South Korea’s Kospi index sinks more than 10% on heavy selling of chipmaking stocks
- Asian shares slip and South Korea’s Kospi index sinks 10% on heavy selling of chipmaking stocks
- South Korea’s Kospi index sinks more than 9%, triggering a trading halt, on heavy selling of chipmaking stocks
- Asian shares slip and South Korea’s Kospi index sinks 10% on heavy selling of chipmaking stocks
- Asian shares slip and South Korea’s Kospi index sinks 10% on heavy selling of chipmaking stocks