South Korean stocks experienced a sharp decline, with the Kospi index plummeting nearly 10% from its record high. Chip giants SK Hynix and Samsung Electronics led the sell-off as investors grew concerned about an overstretched rally. This downturn follows a period of strong gains, with market watchers now closely awaiting Micron Technology's earnings for insights into the semiconductor sector's health. Foreign investors offloaded significant holdings amid rising market volatility.
What abomination exactly do you mean?
Kospi is a Korean stock index.
I guess you mean AI, I just don’t see AI as one single thing.
AI won’t die, the industry will merely crash economically, but AI services will still be there.
And they need to be way more regulated.
The hype can die. The force feeding can die. The market bending, consumer hardware scarce-ifying, and local infrastructure upending spending can at least temper a bit.