KOSPI tumbles as Democrat sweep fuels AI infrastructure concerns
Korean stocks plunged Thursday, as concerns over tighter U.S. regulation of artificial intelligence (AI) and data center development triggered a broad sell-off in semiconductor shares following sweeping Democratic victories in the midterm elections. The benchmark KOSPI opened at 5,580.09, down 1.82 percent from the previous close, according to the Korea Exchange. It remained in negative territory…
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