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South Korean semiconductor heavyweights Samsung Electronics and SK hynix plunged by around 10% or more on Friday as fears over artificial intelligence (AI) data centre investments spread across regional markets following Wall Street’s technology sell-off. The Kospi benchmark fell below the 5,000-point mark after opening 2.2% lower at 5,263.63, triggering a 20-minute trading halt just […]

6 days ago · businesstoday.com.my · You are reading this one

The Korea HeraldFactualityFactuality is a Premium featureLean RightLean RightBased on the outlet's overall lean; article framing check pending

Blue-chip semiconductor stocks plunged around 10 percent during intraday trading Friday, dragging the benchmark Kospi below the 5,000-point mark as investor sentiment was rattled by a sharp overnight sell-off in major technology stocks on Wall Street following the US midterm elections. The benchmark Kospi opened at 5,263.63, down 2.2 percent from its previous close. Losses deepened, triggering a 20-minute trading halt just three minutes into the regular session. The first-stage circuit breaker k

6 days ago · koreaherald.com