Seoul shares tumble over 4 pct on tech losses amid lingering AI concerns
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Source: South Korea
Published: 2026-08-06 16:35 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, Aug. 6 (Yonhap) -- South Korean stocks tumbled more than 4 percent Thursday due to losses in tech shares amid lingering concerns over profitability of artificial intelligence (AI) spending. The local currency rose against the U.S. dollar.
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