Economic TimesLean R·
AI selloff knocks South Korea, Taiwan down global market cap rankings
ET Intelligence Group: The market capitalisation of South Korea and Taiwan had soared at a faster clip in 2026 until the third week of June, buoyed by meteoric rise in stock prices of semiconductor companies.The fall since then has been even faster led by a rout in these stocks amid concerns over the sustainability of artificial intelligence (AI) related capital expenditure. After zipping past India at the beginning of June in terms of market cap, each of the two countries has ceded ground over…
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