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BusinessBusiness Insider4h ago

South Korea's Kospi falls in volatile trade as investors look beyond the chip boom

The chip selloff spilled into Japan, where chipmaker Kioxia — the country's most valuable company — tumbled more than 15%.

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AI SUMMARY

# Investment Summary South Korea's Kospi index experienced volatile trading as semiconductor stocks faced selling pressure, with the downturn extending to Japan where chipmaker Kioxia, the country's most valuable company, plummeted more than 15%. The chip sector weakness signals a potential shift in investor sentiment away from the semiconductor rally that had driven market gains.

Content sourced from Business Insider. Not financial advice.