South Korean stock market at threemonth low as AI selloff intensifies
Jul 28, 2026
Samsung and SK Hynix fall by more than 10% amid renewed fears over AI spending and Chinese competitionBusiness live – latest updatesThe sell-off in AI stocks has intensified, driving South Korea’s stock market down to its lowest level in three months.Investors continued to ditch chip stocks on T
uesday, amid rising concerns about the huge amount of borrowing among AI companies to fund their datacentre expansion plans. Continue reading... ...read more read less