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Business / Economy

Tech market sell-off deepens amid fears over US inflation and AI debt

Source: guardianTech October 15, 2026 · 01:39

Tech market sell-off deepens amid fears over US inflation and AI debt

From the publisher

Chip makers and tech investors such as Samsung and SoftBank plunge as global investors fret over potential interest rate hikesBusiness news – live updatesLarry Elliott: the global economy is muddling through. But a storm is comingAn accelerating sell-off of AI-linked shares has hit global markets, as fears over rising inflation and future interest rate hikes spooked traders already wary of the heavily indebted sector.South Korea’s benchmark KOSPI 200 index, which is heavily skewed towards the companies that make memory chips, fell more than 8% overnight to a six-month closing low, triggering circuit breakers that brought trading to a halt at various points. Continue reading...

About South Korea

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Capital

Seoul

Region

East Asia & Pacific

Income level

High income

ISO code

KOR

Data: World Bank

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