Macro Finance
Chip Selloff Triggers 6% Korea Rout After CEO’s ‘Casino’ Warning
Bloomberg Markets·October 13, 2026·1 min read
South Korea's chip-heavy stock market fell more than 6% as a global semiconductor selloff deepened, fueled by concerns over Chinese competition and stretched AI valuations. The drop followed a CEO's 'casino' warning about the sector, intensifying investor anxiety and triggering a sharp rout in tech shares.
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