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Goldman Sachs Cuts Kospi Target 25% After AI Selloff

Original: Goldman Cuts Kospi Target 25% After AI Selloff

Goldman Sachs has lowered its target for South Korea's Kospi index by 25%, citing the selloff in AI-related stocks. The move follows a broad retreat in technology and semiconductor shares that had driven much of the Korean market's gains. The downgrade signals growing caution on Wall Street about how far AI-led valuations can hold up, with investors watching Korean chipmakers closely.

Why now: The AI stock selloff has raised fears about semiconductor-heavy markets like South Korea, making Goldman's downgrade newsworthy.

Goldman SachsKospiSouth Korea

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