Seoul Stock Market Hits the Panic Button as the AI Bubble Deflates
Investors in South Korea are waking up to a reality check as the KOSPI index goes into a tailspin.
It turns out that pouring billions into AI-this and AI-that isn't a guaranteed golden ticket. The Seoul stock exchange had to hit the emergency kill switch—a literal circuit breaker—after everything started crashing in a massive, ugly wave. Traders are finally asking the uncomfortable question: where is the actual money coming from?
Big names like Samsung Electronics and SK hynix took a beating as everyone realized that building chips is great, but only if someone is actually making a profit off the fancy software running on them. The vibe is officially shifting from "we're living in the future" to "maybe we just spent all our cash on expensive toys."
The market panic is a brutal reminder that hype doesn't pay the dividend bills.
Source: UPI
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