South Korean Shares Hit Seven-Month Closing Low as Chipmakers Slump
South Korean shares fell more than 5% Thursday to a seven-month closing low, with chipmakers tracking overnight losses in U.S. tech stocks amid worries about slowing AI investment.
Round-up of South Korean financial markets:** South Korean shares slumped more than 5% to a seven-month closing low on Thursday, as chipmakers tracked overnight losses in US tech stocks on worries about a slowdown in AI investment following a Democratic win in the midterm elections.** The benchmark…