AI sell-off intensifies as investors ditch chip stocks

Published 28 July 2026 · finance

Samsung and SK Hynix fall by more than 10% amid renewed fears over AI spending and Chinese competition Business live – latest updates The sell-off

Samsung and SK Hynix fall by more than 10% amid renewed fears over AI spending and Chinese competition Business live – latest updates The sell-off in AI stocks has intensified, driving South Korea’s stock market down to its lowest level in three months. Investors continued to ditch chip stocks on Tuesday, amid rising concerns about the huge amount of borrowing among AI companies to fund their datacentre expansion plans. Continue reading...

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