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South Korea's share market losses deepen as leveraged AI bets take a heavy toll

South Korean shares experienced a significant decline, triggering market-wide trading curbs. Investors are unwinding AI-linked trades, extending a sharp correction in the KOSPI index. This selloff highlights growing investor anxiety over leveraged bets on AI chipmakers. Markets also reacted to escalating Gulf conflict and rising oil prices. Major tech earnings are expected to further test investor confidence in the AI sector.

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Economic TimesLean R·19h ago
South Korea's share market losses deepen as leveraged AI bets take a heavy toll
South Korean shares experienced a significant decline, triggering market-wide trading curbs. Investors are unwinding AI-linked trades, extending a sharp correction in the KOSPI index. This selloff highlights growing investor anxiety over leveraged bets on AI chipmakers. Markets also reacted to escalating Gulf conflict and rising oil prices. Major tech earnings are expected to further test investor confidence in the AI sector.
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South Korea's share market losses deepen as leveraged AI bets take a heavy toll

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