Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Technology › Kospi Falls as Chip Selloff Spreads
Technology

Kospi Falls as Chip Selloff Spreads

Kospi Falls as Chip Selloff Spreads
Bloomberg Technology Thursday 02 July 2026, 06:34 UTC 1 min read
Key Points

Jul 2nd, 2026 Kospi Falls as Chip Selloff Spreads Stocks fell as a selloff in chip stocks spread to South Korea, reviving concerns the rally in artificial intelligence shares may have gone too far. Bloomberg's Anthony Stephens reports. Jul 2nd, 2026 Kospi Falls as Chip Selloff Spreads Stocks fell as a selloff in chip stocks spread to South Korea, reviving concerns the rally in artificial intelligence shares may have gone too far.

Jul 2nd, 2026 Kospi Falls as Chip Selloff Spreads Stocks fell as a selloff in chip stocks spread to South Korea, reviving concerns the rally in artificial intelligence shares may have gone too far. Bloomberg's Anthony Stephens reports. Jul 2nd, 2026 Kospi Falls as Chip Selloff Spreads Stocks fell as a selloff in chip stocks spread to South Korea, reviving concerns the rally in artificial intelligence shares may have gone too far. Bloomberg's Anthony Stephens reports. [Image text:] KOREANSTOCKSFALL Intraday KOSPI 7,619.02 8.24% 684.39 SKHYNIX INC O00660 2,213,000.00 347,000.00 13.67% SAMSUNGELECTRONICSCOLTD 005930 282,000.00 32,500.0010.33% BREAKING NEWS KOREA'SKOSPIINDEXFALLSAS SKHYNIXEXTENDSDROP
Kospi Falls (PERSON) South Korea (LOCATION) Bloomberg (ORG) Anthony Stephens (PERSON)
Originally published by Bloomberg Technology Read original →

Related Stories

Google loses legal fight over 4.1 billion-euro EU antitrust fine

The European Commission's top court has upheld Google's fine of around 4.1 billion euros ($4.67 billion) over alleged anti-competitive practices. In 2018, the European Commission slapped Google with the record-breaking penalty on the grounds that it abused Android's mobile dominance to give unfair advantage to its own apps via pre-installation deals with smartphone makers. Google has been appealing the ruling through the EU court system.

CNBC 25m ago

Sam Altman wants US govt to own 5% of OpenAI; urges Google, Anthropic to follow

OpenAI CEO Sam Altman has reportedly discussed giving the US government 5% stake in the company. According to a report by Financial Times, this move of the AI giant is part of the early talks with the Trump administration and is aimed at easing political tensions and shared the upside of AI growth with the public. The report further adds that Altman argued that public ownership could help secure good relations with Washington and also distribute wealth generated by AI more broadly.

Times of India 32m ago

EU top court dismisses Google fight against record €4.1 billion EU antitrust fine

EU top court dismisses Google fight against record €4.1 billion EU antitrust fine BRUSSELS, July 2 : Europe's top court on Thursday dismissed Alphabet unit Google's fight against a record fine imposed by EU antitrust regulators eight years ago for using its Android mobile operating system to block rivals. The European Commission had originally handed out a €4.34 billion fine but this was subsequently trimmed to €4.1 billion by a lower tribunal in 2022.

Channel News Asia 33m ago

Google Loses EU Court Fight Over €4.1 Billion Android Fine

Google Loses EU Court Fight Over €4.1 Billion Android Fine Google lost its long-running fight against a €4.1 billion ($4.7 billion) European Union antitrust fine after the bloc’s top judges said regulators were right to punish the US giant for abusing Android’s market power. The European Court of Justice ruled on Thursday that Google’s challenge against the European Commission penalty should stand. The decision is legally binding and marks a significant win for the Brussels-based regulator,...

Bloomberg Technology 34m ago