FinanceBusiness & Enterprise3 min reading time

(2nd LD) Seoul shares dip over 5 pct on tech sell-off on renewed AI, inflation woes

Yonhap News Agency
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Seoul's KOSPI index dropped over 5% amid a tech sector sell-off driven by concerns about AI industry revenue and inflation, with major chipmakers Samsung Electronics and SK hynix falling sharply. Foreign investors sold $3.35 billion in stocks as the market awaits the U.S. CPI report for Federal Reserve policy clues.

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