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South Korea’s KOSPI Crashes 6.5% Today – AI Crypto Down 10%

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…

· 1 min read · 148 words · via Coinpedia

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Wire briefing

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 …

Source: Coinpedia. This is a wire summary for GetFreeBit readers - verify the original report before making custody, trading, or tax decisions. Not financial advice.

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