Samsung Electronics and SK Hynix shares plunged as much as 14% as South Korea’s Kospi extended its sharp selloff for a second day. The decline was triggered by renewed concerns over AI chip demand, excess capacity fears, and weak U.S. tech cues, raising questions over the sustainability of the rally.
Samsung Electronics and SK Hynix shares plunged as much as 14% as South Korea’s Kospi extended its sharp selloff for a second day. The decline was triggered by renewed concerns over AI chip demand, excess capacity fears, and weak U.S. tech cues, raising questions over the sustainability of the rally.
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