EconomicSouth Korea·13 Oct 2026
Nasdaq Futures and Asian Semiconductor Stocks Decline Amid AI Market Concerns
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Nasdaq futures fell 0.7% as an AI-driven market sell-off spread from Wall Street to Asia, where the Kospi dropped as much as 7% following concerns over AI investment sustainability. This downturn was triggered by Broadcom CEO Hock Tan’s comparison of AI investing to a casino and competitive advancements in DRAM architecture by China’s CXMT, which caused…
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