KOSPI Hits Six-Month Low as Nikkei 225 Tumbles in AI Sell-Off
Chipmakers across the region sold off sharply, while SoftBank dropped over 9%. The report links the declines to an AI-sector sell-off and concerns about higher borrowing costs.
Regional chipmakers came under heavy selling pressure, including major firms TSMC, SK Hynix, Kioxia and Samsung Electronics. SoftBank, which has substantial exposure to the AI sector, fell over 9%. Concerns about higher borrowing costs have prompted questions over the sustainability…