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Kospi ends 8% lower as chip rout deepens; Samsung, SK Hynix crash up to 10%

As reported by Stocks-Markets-Economic Times
South Korea's KOSPI index experienced a significant selloff, plunging 8.23% as investors cashed in on the AI rally, revealing the market's heavy reliance on semiconductor stocks. This sharp reversal, exacerbated by geopolitical tensions, saw major chipmakers like Samsung and SK Hynix tumble, highlighting the index's concentration risk.
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