The post South Korea’s KOSPI Crashes 6.5% Today – AI Crypto Down 10% appeared first on Coinpedia Fintech News
South Korea’s KOSPI index crashed 6.5% on 13 October, falling to around 6,002 as investors sold semiconductor stocks. The drop followed Chinese chipmaker CXMT’s announcement of a new memory chip design, raising fears of stronger competition for South Korean giants like Samsung Electronics and SK Hynix. This drop has also impacted AI-related tokens such as …