KOSPI Tumbles 8% to 6-Month Low in Global Chip Sell-Off — SkimNews
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- South Korea's KOSPI closed at a six-month low as chipmakers slumped on AI worries, with Korean stocks tumbling 8% as investors rushed to unwind AI exposures.
- A global chip and tech sell-off deepened across markets, with cross-coverage attributing the rout to investor fears over US inflation and heavy AI-related debt.
- Cross-coverage linked the panic's spread into AI-infrastructure stocks like CoreWeave, tying the sell-off to AI-chip leader Nvidia.
Why it matters: **KOSPI's** 8% drop to a six-month low hits Korean chipmakers central to the AI supply chain, and the cross-market spread shows AI-exposed investors are de-risking broadly. The pairing of inflation fears with AI-debt anxiety signals a sector-wide repricing of the AI trade, not a single-stock correction.
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