South Korean shares fall nearly 3% as AI concerns hit chipmakers

Business Recorder • Oct 20, 2026

SEOUL: Round-up of South Korean financial markets: South Korean shares slumped nearly 3% on Tuesday as chipmakers dropped on concerns over AI investment, while political instability in France dampened risk appetite across global financial markets. The benchma...

SEOUL: Round-up of South Korean financial markets: South Korean shares slumped nearly 3% on Tuesday as chipmakers dropped on concerns over AI investment, while political instability in France dampened risk appetite across global financial markets. The benchmark KOSPI was down 170.63 points, or 2.96%, at 5,597.38 as of 0132 GMT, after rebounding for two consecutive sessions from a recent six-month low. “Although it i...