KOSPI Plunges 12%, Triggers Trading Halt for Second Straight Day Amid Global Chip Sell-Off

Price Action Impact 4
โดย Kaohoon·Read original
Summary · why it matters

South Korea's KOSPI index tumbled more than 12% during today's session amid a global semiconductor sell-off. The Korea Exchange suspended trading for 20 minutes after the index fell more than 8%, marking the second consecutive day of circuit breaker activation, following a nearly 11% plunge the previous day. SK Hynix shares plummeted as much as 20%, even as the company reported record quarterly earnings. Samsung Electronics also fell sharply. The selling spread to Japanese and Taiwanese markets, reflecting concerns over stretched valuations and the sustainability of AI-driven chip demand.

Impact on stocks 2

Semiconductors · 1 stocks
Artificial Intelligence · 1 stocks