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Korean Stocks Slump 6% as Chipmakers Hit by Renewed Selloff - Bloomberg.com
Overview
South Korean stocks slid about 6% as a renewed selloff in major chipmakers reversed recent AI-driven euphoria, highlighting how concentrated gains leave the KOSPI exposed. The addition of a proposed platform law in Korea, and modeling that estimates major losses for U.S. entities if it is enacted, increases the geopolitical and regulatory uncertainty that can trigger further volatility and contagion to global chip peers.
Entities
ORGBloombergORGKOSPILOCSouth Korea
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