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South Korea's Kospi index fell more than 8% on October 15, triggering a 20-minute trading halt. The decline marks the tenth circuit breaker activation this year, driven by inflation concerns and AI sector volatility.
South Korea's benchmark Kospi index fell more than 7% on Tuesday as technology shares, particularly semiconductor stocks, declined. The drop follows a period of growth driven by the artificial intelligence boom.
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Shares of Micron and SK Hynix declined after Chinese memory maker CXMT announced progress on a new 4F square cell architecture. The company plans to launch a server memory product using this design by the end of 2026.
