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Asian shares slip and South Korea’s Kospi index sinks nearly 11% on heavy selling of chipmakers

South Korea's Kospi index has plunged over 11% on heavy selling of chipmaking stocks that have been battered recently by sell-offs due to fears the boom in artificial intelligence may be a bubble. The Kospi dropped to its lowest level since April as shares in chipmakers Samsung Electronics and SK Hy

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Asian shares slip and South Korea’s Kospi index sinks nearly 11% on heavy selling of chipmakers

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HONG KONG (AP) — South Korea’s Kospi index plunged more than 11% on Tuesday on heavy selling of chipmaking stocks that have been battered recently by sell-offs due to fears the boom in artificial intelligence may turn out to be a bubble. Most other m... [1254 chars]

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Reporting and source material from Source material. This article provides The Universal Outlook's independent editorial analysis.

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