SK Hynix and Samsung slide as AI warnings hit South Korean tech; KOSPI drops 3.1%

SK Hynix fell more than 5% and Samsung dropped 4% after major AI firms urged a slowdown in the technology's development, dragging South Korea's KOSPI down 3.1% to 6,692.61. The selloff also hit Asian equities and U.S. stock futures, with MSCI's Asia Pacific Index slipping 0.5% and Nasdaq 100 futures down more than 1%.

Detected & updated continuously · Source: Nebula