Macro Finance
Kospi Drops 8% as Samsung, SK Hynix Shares Plunge on AI and Rate Fears
Bloomberg Markets·October 15, 2026·1 min read
South Korea's Kospi index plunged 8% on Thursday as a global selloff in semiconductor stocks hit Samsung and SK Hynix, reflecting investor exodus from the AI trade. The sharp decline underscores fears over AI valuations and potential interest rate hikes, with tech-heavy markets bearing the brunt of the selloff.
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