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GgoogleSG first seen 2 d ago, last 14 h ago, peak #1

South Korea's KOSPI triggers circuit breaker in chip-led selloff

Original: kospi

South Korea's KOSPI plunged sharply, triggering a circuit breaker as chip stocks collapsed in a broader Asian market rout. The selloff followed hot US inflation data and a dive in US chipmaker shares, with Korean semiconductor heavyweights leading losses of around 7%. Reports cited a chip executive's 'casino' warning about AI-fuelled valuations, and markets from Japan to Europe tracked the fallout.

Why now: The KOSPI's circuit-breaker-triggering plunge on AI and chip stock fears is a major global market event rippling across Asia, the US and Europe.

KOSPISouth KoreaSK HynixSamsung ElectronicsFederal Reserve

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