Dossier
Chinese AI startups
Coverage of Chinese AI startups in the Nexus archive.
- Asian shares slip and South Korea’s Kospi index sinks 10% on heavy selling of chipmaking stocks
South Korea’s Kospi index dropped 10.5% due to heavy selling of chipmaking stocks like Samsung Electronics and SK Hynix, driven by concerns over competition from Chinese AI startups. Asian markets broadly declined, with Tokyo’s Nikkei 225 down 4% and Taiwan’s Taiex falling 3.9%, while oil prices fell over 1% amid reduced U.S.-Iran tensions.