Seoul shares crash over 10 pct on heavy tech selloff amid AI skepticism

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Source: South Korea
Published: 2026-07-28 16:37 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Transport, South Korea, Technology & AI, Business & Economy, Technology
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Snippet:
SEOUL, July 28 (Yonhap) -- South Korean stocks crashed more than 10 percent Tuesday as investors sold off tech shares on intensifying doubts over the future of large-scale investment into artificial intelligence (AI) infrastructure. The local currency strengthened against the U.S. dollar.
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