South Korean shares fall 2% as AI selloff weighs on global markets

South Korean shares fell 2% as an AI-related selloff weighed on global markets, putting chipmakers at the center of the decline.

Chip stocks lead the retreat

Semiconductor companies drove the losses in Seoul. Samsung Electronics dropped 2.80%, while SK Hynix declined 0.57%.

The moves showed the pressure facing South Korea’s major chipmakers as selling linked to artificial intelligence affected markets beyond the country. With chip stocks leading the decline, the sector was a key part of the market’s weaker performance.

Global market pressure

The fall in South Korean shares came as the AI selloff weighed on global markets. The available information does not indicate how long the pressure will last or identify any further market developments.

For investors watching South Korea, the performance of Samsung Electronics and SK Hynix remains central to understanding the day’s market move. Both companies declined, although Samsung recorded the larger percentage drop.

Key market figures

• South Korean shares fell 2%.
• Samsung Electronics declined 2.80%.
• SK Hynix lost 0.57%.
• Chipmakers led declines in Seoul.