The KOSPI index, South Korea's benchmark stock market index, experienced a significant decline on July 29, 2026. This downturn is attributed to a decrease in interest in chipmakers, which have been central to the recent AI-driven market boom.
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South Korea's KOSPI Index Declines Amid Decreased Interest in Chipmakers
On July 29, 2026, South Korea's KOSPI index saw a notable decline, primarily due to waning interest in chip manufacturing companies. This shift comes as the AI-driven market momentum begins to fade.
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South Korea’s stock market plunges as AI-driven boom fades
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South Korea's KOSPI Index Declines Amid Decreased Interest in Chipmakers