South Korean Stocks Tumble 6% as AI Jitters Hurt Chipmakers
Source:
bloombergMarkets
July 1, 2026 · 17:23
From the publisher
South Korean stocks slumped as Meta Platform Inc.’s plan to sell computing power raised questions over excess in AI capacity, driving a selloff in chipmakers.
About the source
Bloomberg Markets
Bloomberg Markets is a magazine published six times a year by Bloomberg L.P. as part of Bloomberg News. Aimed at global financial professionals, Bloomberg Markets publishes articles on the people and issues related to global financial markets. Bloomberg Markets, which is based in New York City, has readers in 147 countries. More than half of its readers live outside the U.S.
Wikidata Q721648
Wikidata ↗
About South Korea
More from South Korea →
Capital
Seoul
Region
East Asia & Pacific
Income level
High income
ISO code
KOR
Data:
World Bank
The original article opens on the publisher's website.
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