South Korean stock market at three-month low as AI sell-off intensifies
business
South Korean markets are sliding to three-month lows as selling intensifies in the chip sector. The Guardian reports that Samsung and SK Hynix have each fallen more than ten percent, driven by investor concerns over the heavy debt load AI companies are taking on to fund datacentre expansion—a burden made heavier by competition from Chinese chip makers.
Source: https://www.theguardian.com/business/2026/jul/28/ai-sell-...
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