South Korean Stocks Lose $2 Trillion in 40-Day AI Selloff
📡 Anadolu Ajansı RSS various categories · 1 min read ·
Part of composite article South Korea’s KOSPI Crashes 44%—$2 Trillion Wiped Out in 40-Day AI Chip Selloff View full article →
South Korea’s main stock index, the Kospi, has plunged nearly 44% over the past 40 days, wiping out about $2 trillion in market value. The selloff is driven by a deepening rout in artificial intelligence-related stocks. Investors are fleeing the sector amid concerns over overvaluation and slowing demand for AI chips. The sharp decline marks one of the worst stretches for South Korean markets in recent history.