Korean stocks struggle as AI trade cools and tech shares sell off

Korean equities are reportedly struggling for buyers as the once-hot AI trade loses momentum, with foreign investors reportedly fleeing. One outlet reports Seoul shares fell over 3% on a tech sell-off amid Mideast and inflation concerns.

Timeline

1. 12 Oct, 07:50 UTCBloomberg covers AI trade fading in Korea
2. 12 Oct, 07:50 UTCYahoo Finance reports foreign investors fleeing
3. 15 Oct, 00:30 UTCFirst appeared on Google Trends
4. 15 Oct, 00:30 UTCPicked up on News

Top sources

• kospiGoogle Trends
• kospiGoogle Trends
• kospiGoogle Trends
• The world's hottest AI stock market has gone coldYahoo Finance
• Samsung and SK Hynix Lead Chip Selloff as China Competition Fears GrowMorningstar
• Once-Hot AI Trade Leaves Korean Stocks Struggling for BuyersBloomberg.com
• The World's Hottest AI Stock Market Has Gone ColdBusiness Insider
• Micron sinks, other memory-linked names dip for a second dayCNBC