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World shares are mixed, while South Korea’s Kospi sinks nearly 11% on heavy selling of chipmakers
South Korea’s Kospi index fell nearly 11% due to heavy selling of chipmakers like Samsung Electronics and SK Hynix, driven by fears of an AI boom bubble and competition from Chinese startups. Global markets showed mixed results, with European indices rising slightly and oil prices dropping over 2%.
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- World shares are mixed, while South Korea’s Kospi sinks nearly 11% on heavy selling of chipmakers
- World shares are mixed, with South Korea's Kospi down nearly 8% on a sell-off of chip shares
- 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 10% 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 nearly 11% on heavy selling of chipmakers