KOSPI sinks below 8,000 on fears over slowing AI chip demand
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Seoul shares plunged Thursday, with the benchmark KOSPI falling below the 8,000 mark for the first time in about 15 trading sessions, as chip heavyweights tumbled on growing concerns over weakening demand for artificial intelligence (AI) semiconductors. According to the Korea Exchange, KOSPI closed at 7,648.09, down 7.89 percent from the previous session. The index opened at 7,933.10, marking the first time in about 15 trading sessions that it had fallen below 8,000 during intraday trading. At a
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