South Korea's KOSPI Plunges Over 3% Amid AI Investment and Debt Concerns

Coin Bureau said the KOSPI fell 3.5% on October 20 as AI-chip stocks slid amid fears about infrastructure debt. It reported SK Hynix down as much as 5.6% and Samsung Electronics down 2.6%. Coin Bureau also pointed to Middle East tensions and rising oil prices, contrasting the selloff with an overnight tech-led Wall Street rally.