KOSPI Plunges Over 8% as Circuit Breaker Halts Tech Selloff
TL;DR Summary
South Korea’s KOSPI plunged more than 8% and triggered a 20-minute circuit breaker as heavy declines in chipmakers Samsung Electronics and SK Hynix, and Apple’s price hikes, pressured tech shares amid chatter of OpenAI delaying its IPO; the move capped a week of AI-related profit-taking, with the index still up about 90% in 2026 despite the volatility and looming policy risks.
- S.Korea’s KOSPI slides over 8%, triggers circuit breaker on fragile tech stocks Investing.com
- Stocks in Asia Tumble as A.I. Uncertainty Jolts Tech Shares The New York Times
- Asia stock markets slide as tech shares slump BBC
- South Korea’s ‘Ant’ Army Is Driving an AI Market Frenzy Bloomberg.com
- South Korean Stocks Tumble, Triggering Second Trading Halt This Week WSJ
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