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South Korea’s AI Rally Faces a Critical Test as Chip Stocks Lead Market Correction

South Korea’s AI Rally Faces a Critical Test as Chip Stocks Lead Market Correction

(Photo=MotionElements) South Korea’s stock market is facing a major test after one of the world’s strongest AI-driven rallies reversed sharply, raising questions over whether investor enthusiasm for artificial intelligence has moved ahead of actual corporate growth. The KOSPI, South Korea’s benchmark stock index, surged 267% from April 2025 through June 2026, climbing from 2,487 points to a record 9,115 points.

Jul 31 2026
08:00 AM PST
LG Display Pours $2 Billion Into OLED as South Korea Moves to Protect Its Display Edge

LG Display Pours $2 Billion Into OLED as South Korea Moves to Protect Its Display Edge

(Photo=LG Display) South Korea’s LG Display is stepping up investment in next-generation OLED technology as Chinese manufacturers rapidly expand production capacity and intensify competition in the global display market. LG Display, a South Korean display technology company known for producing advanced panels used in premium televisions, smartphones and automotive displays, plans to invest a total of $2 billion to strengthen

Jul 31 2026
07:00 AM PST
Samsung, SK Hynix Seek Shareholder Support After AI Chip Rally Fails to Sustain Stock Gains

Samsung, SK Hynix Seek Shareholder Support After AI Chip Rally Fails to Sustain Stock Gains

Samsung Electronics and SK Hynix are turning to shareholder-return measures after their shares fell sharply from record highs, despite benefiting from the global artificial-intelligence semiconductor boom and reporting record earnings. Samsung said on July 30 that it is considering additional shareholder-return measures, including a possible special dividend, share buybacks and stock cancellations, as the company seeks to restore investor confidence.

Jul 30 2026
07:10 PM PST
South Korean Stocks Sink Nearly 40% From Peak as Analysts Slash Market Targets

South Korean Stocks Sink Nearly 40% From Peak as Analysts Slash Market Targets

Photo=Motionelements South Korea's benchmark Kospi index has tumbled nearly 40% from its record high in just over a month, shattering the optimistic "10,000 Kospi" narrative and forcing analysts to sharply lower their expectations as investors search for signs of a market bottom. The Kospi closed at 5,663.24 on July 29, down 5.98%, or 360.57 points, from the previous session, according

Jul 30 2026
02:00 PM PST
South Korean Regulators Apologize After Leveraged ETF Turmoil Triggers Market Selloff

South Korean Regulators Apologize After Leveraged ETF Turmoil Triggers Market Selloff

Photo=Motionelements South Korea's top financial regulators apologized on July 29 after steep losses tied to single-stock leveraged exchange-traded funds (ETFs) sparked a broad market selloff, intensified scrutiny of the government's oversight and fueled calls for tighter regulations. Financial Services Commission Chairman Lee Eok-won acknowledged during a parliamentary hearing that authorities had failed to meet public expectations and accepted responsibility for

Jul 30 2026
01:00 PM PST