Seoul shares crash over 7% on chip rout amid AI, inflation woes
Covered by 2 sources
Read the full articleSouth Korean stocks plunged over 7% on October 15, 2026, driven by major chipmakers' losses amid concerns about AI investment sustainability and U.S. Federal Reserve rate hikes. The KOSPI index fell for the seventh straight session, triggering trading halts due to sharp declines.
Covered by 2 sources
- (URGENT) Seoul shares open sharply lower amid persistent AI woes, rising oil prices· Yonhap News Agency
- (URGENT) Seoul shares open lower amid persistent AI woes· Yonhap News Agency
- (URGENT) Seoul shares open lower after rebound amid AI concerns· Yonhap News Agency
- (URGENT) Seoul shares end higher on institutional buying amid AI investment concerns· Yonhap News Agency
- AI stocks plunge. Inflation heats up. Where we're still finding opportunities· CNBC
- Tech market sell-off deepens amid fears over US inflation and AI debt· The Guardian
