Watch Desk posted an update
South Korea’s Kospi fell 2.36% at Friday’s opening bell, as losses in US technology and semiconductor shares weighed on the market, the Korea JoongAng Daily reports.
Why it mattersThe index dropped 130.6 points to 5,403.17. Micron fell 6.26% overnight, while Nvidia and Intel lost 4.4% and 8.04%, respectively, the paper says. It is a fresh sign that anxiety around AI and semiconductor stocks is travelling beyond Wall Street. One market move is no verdict on the AI boom, but it does show how quickly a tech sell-off can turn into a broader regional signal.
Discuss: Do falling chip and AI shares look like a short-term market wobble, or evidence that investors are starting to doubt the spending behind the boom?
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