Seoul shares dip nearly 6 pct on extended chip rout amid AI skepticism

Seoul shares plunged by nearly 6 percent Wednesday following a nearly 11 percent crash the previous session as investors dumped semiconductor stocks amid growing skepticism over AI spending.

Seoul shares plunged by nearly 6 percent Wednesday following a nearly 11 percent crash the previous session as investors dumped semiconductor stocks amid growing skepticism over whether massive spending on artificial intelligence will generate sufficient returns. The local currency strengthened against the US dollar. T