AI investment fears spark panic selling in Samsung, SK hynix

Korea Times News ·
Business Corporate South Korea

Fears that the artificial intelligence (AI) investment cycle may be nearing its peak triggered a wave of panic selling in semiconductor stocks, Friday, sending shares of Korea’s two chipmaking giants, Samsung Electronics and SK hynix, plunging nearly 10 percent. As of 9:30 a.m., SK hynix had tumbled 11.71 percent, while Samsung Electronics had fallen 9.98 percent. The benchmark KOSPI opened 2.24…

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