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🚨 SOUTH KOREA’S AI BUBBLE IS BREAKING DOWN.The KOSPI just crashed nearly 7%, wiping out roughly ₩580 TRILLION ($350 BILLION) from Korean stocks in a single session.Samsung and SK Hynix, the two companies that helped drive Korea’s AI mania, are now leading the collapse.And the leverage is making it even worse.KORU, the 3x leveraged Korea ETF, is down almost 23%, creating forced selling and accelerating the liquidation spiral across the market.
0:30
🚨 SOUTH KOREA’S AI BUBBLE IS BREAKING DOWN.The KOSPI just crashed nearly 7%, wiping out roughly ₩580 TRILLION ($350 BILLION) from Korean stocks in a single session.Samsung and SK Hynix, the two companies that helped drive Korea’s AI mania, are now leading the collapse.And the leverage is making it even worse.KORU, the 3x leveraged Korea ETF, is down almost 23%, creating forced selling and accelerating the liquidation spiral across the market.
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