Seoul stocks plunge 8% as Samsung, SK hynix shares tumble
South Korean stocks plunged nearly eight percent at close Thursday as tech giants Samsung and SK hynix tumbled on fears of slowing AI chip demand. The slide on the Kospi market was triggered by a tech-led rout just days after the companies announc...
By AFP |
South Korean stocks plunged nearly eight percent at close Thursday as tech giants Samsung and SK hynix tumbled on fears of slowing AI chip demand.
The slide on the Kospi market was triggered by a tech-led rout just days after the companies announced a massive investment in a chip-building hub and AI data centres in South Korea.
The slide on the Kospi market was triggered by a tech-led rout just days after the companies announced a massive investment in a chip-building hub and AI data centres in South Korea.
Download
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
Related Articles
Samsung, SK Hynix shares crash up to 14% as Kospi’s massive bloodbath enters day 2ADVERTISEMENT
