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Korean Stocks Plunge 9% on Chip Selloff

DeFi Daily News by DeFi Daily News
June 26, 2026
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Korean Stocks Plunge 9% on Chip Selloff
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South Korean stocks were hit by a second trading suspension this week as chipmakers plunged, highlighting the market’s sensitivity to swings in global artificial-intelligence sentiment. The benchmark Kospi extended losses after the Korea Exchange’s 20 minute trading halt, falling as much as 9%. Bloomberg’s Anthony Stephens reports.
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Tags: aiAnthony StephensAppleartificial intelligenceasian stocksasset allocationChipchipsCloud ComputingEquitiesequity valuationsEuropean stocksinvestment strategyKoreanKospiMarketsPCsPlungeSellOffsemiconductorsSoftwareStock market newsStock valuationsstocksTechtech industrytech stocksTechnologyU.S. tech stocksUS stocksVolatility
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