Chip selloff extends as South Korean stock market sinks 6% — Live Feedhttps://www.live-feeds.com/feed/chip-selloff-extends-as-south-korean-stock-market-sinks-6Continuously updated, source-cited coverage. Chip selloff extends as South Korean stock market sinks 6%https://www.live-feeds.com/feed/chip-selloff-extends-as-south-korean-stock-market-sinks-6https://www.live-feeds.com/feed/chip-selloff-extends-as-south-korean-stock-market-sinks-6#u124792Fri, 16 Oct 2026 03:02:01 +0000The South Korean stock market, specifically the KOSPI index, has experienced a significant decline of over 6% due to a sell-off in chip stocks. This downturn is attributed to concerns about the artificial intelligence (AI) boom and the performance of major chip manufacturers like Samsung and SK Hynix. The global tech sector is also feeling the impact, with Nasdaq futures sinking premarket.Why it mattersThe sell-off in chip stocks is linked to worries about the profitability of AI investments and the reliance on external funding. This has led investors to reassess the value of semiconductor sto