A sharp sell-off in artificial intelligence and semiconductor stocks on Tuesday intensified global market concerns, driving South Korea's stock market down to its lowest level in three months.
Major South Korean chipmakers Samsung and SK Hynix both experienced significant declines, falling by more than 10 percent during the trading session.
The downturn was driven by renewed investor anxiety regarding the sustainability of current AI spending levels, alongside mounting pressures from growing Chinese competition within the semiconductor sector.
In-depth summary · AI, neutral