South Korean stock market at three-month low as AI sell-off intensifies

Samsung and SK Hynix fall by more than 10% amid renewed fears over AI spending and Chinese competition Business live – latest updates The sell-off in AI stocks has intensified, driving South Korea’s stock market down to its lowest level in three months. Invest

The Guardian|Tue, 28 July 2026 at 17:43

Samsung and SK Hynix fall by more than 10% amid renewed fears over AI spending and Chinese competition

Business live – latest updates

The 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 Tuesday, amid rising concerns about the huge amount of borrowing among AI companies to fund their datacentre expansion plans.

This summary was compiled from a public newswire feed. The original reporting is by The Guardian and remains their copyright — read it at the source.