Asian shares slip and South Korea’s Kospi index sinks 10% on heavy selling of chipmaking stocks

South Korea’s Kospi index has plunged over 10% on heavy selling of chipmaking stocks that have gyrated recently due to concerns over the sustainability of the boom in artificial intelligence

Jul 28, 2026 - 12:00
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Asian shares slip and South Korea’s Kospi index sinks 10% on heavy selling of chipmaking stocks
South Korea’s Kospi index has plunged over 10% on heavy selling of chipmaking stocks that have gyrated recently due to concerns over the sustainability of the boom in artificial intelligence

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