Associated Press·2 min read·medium
South Korea’s Kospi share index falls nearly 7%, other Asian shares also mostly lower - AP News
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Yuri Kageyama✦AI Summary
South Korea's Kospi index dropped nearly 7% as investors reacted to concerns over the sustainability of massive AI-related investments. This decline reflects broader volatility in Asian markets driven by skepticism toward the chipmaking sector.
TOKYO (AP) Asian shares were mixed but South Koreas Kospi stock index dropped 7% on Wednesday as doubts over massive investments in artificial intelligence once again led investors to dump chipmaker …
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