KOSPI Falls Far Harder Than Nikkei as AI Earnings Scare Hits Chipmakers

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South Korea’s KOSPI fell 4.77% to 5,654.61 points on Friday morning, compared with a 2.81% decline in Japan’s Nikkei 225 over the same period. The Korean index therefore dropped about 1.7 times as sharply as the Japanese benchmark. The move followed a 12.64% slide in Alphabet shares after the Google parent’s capital spending more than doubled. Concerns about AI-related earnings at chipmakers weighed on the market, including companies such as Samsung Electronics.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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