South Korea’s Kospi dives more than 5%, SK hynix down 10%

South Korea’s Kospi inventory index plunged greater than 5 % Monday morning as tech corporations suffered one other bout of heavy promoting fuelled by considerations over the AI funding growth.

The Kospi sank 5.6 % to 7,058.82 in early exchanges, whereas chip titan SK hynix dived 10.1 %, even after its US shares soared extra nearly 13 % on the New York debut on Friday.