Seoul shares crash over 10% on heavy tech selloff amid AI skepticism
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Source: The Korea Herald
Published: 2026-07-28 17:13 UTC+10:00
Section: All News
Factuality Score: 100
Opinion Category: Neutral
Topics: Transport, South Korea, Technology & AI, World News, Business & Economy, Technology
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Snippet:
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 infrastructure. The local currency strengthened against the US dollar.
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