Japanese and South Korean Stocks Tumble Amid Chip Selloff and AI Concerns

Japanese and South Korean stock markets experienced a significant decline, primarily driven by a selloff in semiconductor shares. Investor sentiment was impacted by concerns over AI supply deals and intensifying competition, as well as 'AI fatigue.'

28 Jul, 00:49 — 28 Jul, 00:49

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bloombergHigh1h ago

Japanese, Korean Stocks Tumble as Chip Selloff Intensifies

Japanese and South Korean stocks slid, led by semiconductor shares, as concerns over Nvidia Corp.’s blockbuster AI supply deal and intensifying competition from Chinese chipmakers weighed on investor sentiment.

By Alice French

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Japanese and South Korean Stocks Tumble Amid Chip Selloff and AI Concerns

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Japanese, Korean Stocks Tumble as Chip Selloff Intensifies

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