#KOSPIDropsNearly8%

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About KOSPIDropsNearly8%

KOSPI fell nearly 8% intraday Oct 15, led by Samsung and SK Hynix, triggering another sidecar. Nikkei 225 lost over 4% after Nasdaq fell 1.88%; US chip stocks declined for a sixth session. Hot US CPI, rising AI funding costs, valuations and memory competition weighed on risk appetite. Despite strong ASML equipment demand, investors are reassessing AI returns. Is this a rate-driven valuation reset or weakening chip earnings expectations? TSMC results will be a key test.