As investors' sentiment about the AI boom continued to deteriorate, the South Korean stock market plummeted, dragged down by the sharp drop in the stock prices of the country's chip giants. Korea's Kospi Index once fell 7.6% to its lowest level since April 20. SK Hynix's stock price plummeted 11%, while Samsung Electronics' stock price fell more than 9%. These declines indicate that as AI construction progresses, people are increasingly worried, excessive concentration of market segments, and rising corporate debt levels. Jung In Yun, CEO of Fibonacci Asset Management Global, said that the recent wave of semiconductor stock sell-offs appears to be more due to a sharp deterioration in market sentiment rather than any direct changes in fundamentals. Investors are increasingly questioning whether the pace of AI infrastructure spending will continue.

Zhitongcaijing · 2d ago
As investors' sentiment about the AI boom continued to deteriorate, the South Korean stock market plummeted, dragged down by the sharp drop in the stock prices of the country's chip giants. Korea's Kospi Index once fell 7.6% to its lowest level since April 20. SK Hynix's stock price plummeted 11%, while Samsung Electronics' stock price fell more than 9%. These declines indicate that as AI construction progresses, people are increasingly worried, excessive concentration of market segments, and rising corporate debt levels. Jung In Yun, CEO of Fibonacci Asset Management Global, said that the recent wave of semiconductor stock sell-offs appears to be more due to a sharp deterioration in market sentiment rather than any direct changes in fundamentals. Investors are increasingly questioning whether the pace of AI infrastructure spending will continue.