KOSPI triggers circuit breaker as AI-driven tech selloff deepens across Asia By Investing.com
β’ South Korea's KOSPI index triggered a circuit breaker as a significant selloff in AI-driven technology stocks swept across Asian markets. β’ Key industry players were impacted, with Taiwan Semiconductor Manufacturing slipping about 2% and Foxconn Technology Co Ltd easing roughly 1.6%. β’ The volatility follows preliminary earnings from Samsung Electronics, which failed to convince investors that memory-chip profits can sustain the massive capital spending required for AI.
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