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Seoul stocks plunge over 3% on Mideast tensions and AI sector warnings
Yonhap ENLO·KR·1 day ago
Seoul shares opened sharply lower after prominent AI industry leaders publicly called for a slowdown in AI development, spooking investors. The call introduces regulatory and growth uncertainty for the AI sector, though the market reaction suggests it is being treated as a potential headwind to tech earnings. The extent of the selloff and its global contagion remain uncertain.