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Seoul chip stocks rally as Bank of Korea models a $100 billion AI export hit

Seoul chip stocks rally as Bank of Korea models a $100 billion AI export hit

Photo: Cryptopolitan

South Korea’s Kospi opened at 5,638.34 on Tuesday, representing a 3.09% increase. Its first gain in four sessions. The increase was due to chipmakers like Samsung Electronics and SK Hynix jumping on Anthropic’s IPO filing. The same day, the Bank of Korea told lawmakers that chip exports could drop by as much as $100 billion...

Source: Cryptopolitan

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