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South Korean shares fall as chipmakers track US tech slump

SEOUL: Round-up of South Korean financial markets: South Korean shares fell sharply on Thursday, as chipmakers tracked overnight losses in US tech stocks after the US midterm election results raised worries about a slowdown in AI investment. The benchmark KOSPI was down 227.68 points, or 4.01%, at 5,459.70 as of 0157 GMT. It fell more than 5% earlier in the session, triggering a “sidecar” trading…

First reported by Business Recorder 1 source
Image: Business Recorder
Image: Business Recorder
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  1. Business Recorder

    South Korean shares fall as chipmakers track US tech slump (opens Business Recorder in a new tab)

    SEOUL: Round-up of South Korean financial markets: South Korean shares fell sharply on Thursday, as chipmakers tracked overnight losses in US tech stocks after the US midterm election results raised worries about a slowdown in AI investment. The benchmark…

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