AI-driven tech rout hits Seoul as Kospi slides 10%
TL;DR Summary
South Korea’s Kospi fell 10% on Tuesday, led by double‑digit declines in Samsung and SK Hynix and triggering a 20‑minute circuit breaker, as global tech sell‑offs and fears that AI valuations have run too high spooked investors; U.S. stock futures slid and other Asian markets dropped, underscoring a broad risk‑off move tied to AI exposure and possible tighter policy.
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