Global EconomyEconomic Times•1 min read•10/20/2026 (3h ago)

Korea’s KOSPI crashes another 5% as AI rout deepens; AI bellwether down over 40% from peak

Korea’s KOSPI crashes another 5% as AI rout deepens; AI bellwether down over 40% from peak
60-Word AI Digest

Chip heavyweight SK Hynix Inc. headed for its lowest close since April. Data-center infrastructure company Elice Inc. plunged as much as 32% in its trading debut in Seoul. Both AI bellwethers SK Hynix and Samsung have plunged 35% and 22%, respectively.

Key Takeaways

  • Chip heavyweight SK Hynix Inc.
  • headed for its lowest close since April.
  • Data-center infrastructure company Elice Inc.

Chip heavyweight SK Hynix Inc. headed for its lowest close since April. Data-center infrastructure company Elice Inc. plunged as much as 32% in its trading debut in Seoul. Both AI bellwethers SK Hynix and Samsung have plunged 35% and 22%, respectively.

Original Publisher Attribution

This summary was curated from Economic Times.

Read Original on Economic Times
Korea’s KOSPI crashes another 5% as AI rout deepens; AI bellwether down over 40% from peak — Loop60