Fast Company
US · 3 hrs ago
South Korea’s Kospi stock index is falling: Why AI chipmakers SK Hynix and Samsung are facing investor jitters
It’s no secret that investors are getting nervous about AI, leaving chipmakers’ shares struggling.
Wednesday brought further evidence with South Korea’s Kospi (Korea Composite Stock Price Index) falling another 6%. The stock index is down over 32% in just the last month.
The significant decline follows poor performance from two of the Kospi Index’s biggest stocks: SK Hynix Inc. (KSE: 000660.KS) and Samsung Electronics Co., Ltd. (KSE: 005930.KS).
The two chip manufacturers have struggled…
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