Samsung drags Kospi 3.8% as AI spending doubts resurface

Bloomberg · 6 hours ago
  • Seoul's Kospi Index fell 3.8% on fresh weakness in Samsung Electronics and SK Hynix, two of the world's biggest memory makers.
  • AI infrastructure group Elice Inc. had the worst opening day for a sizable company on the Korean bourse despite an IPO that was 400 times subscribed.
  • The source is a Bloomberg video market recap with no dated primary company or regulatory source, so event timing is unknown.