Seoul shares dip nearly 6 pct on extended chip rout amid AI skepticism
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Source: South Korea
Published: 2026-07-29 16:36 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: South Korea, Technology & AI, Tax & Budget, Technology
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Snippet:
SEOUL, July 29 (Yonhap) -- Seoul shares plunged by nearly 6 percent Wednesday following a nearly 11 percent crash the previous session as investors dumped semiconductor stocks amid growing skepticism over whether massive spending on artificial intelligence (AI) will generate sufficient returns.
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