The Kospi fell 7.57% to 5,554, its seventh straight decline, as U.S. inflation, AI profit doubts, and credit worries hit together.
Circuit breakers fired on both the Kospi and Kosdaq, erasing 410.9 trillion won of market value in a day as Samsung fell 9.48% and SK Hynix 11.06%. Meanwhile, Gartner warned $3.5 trillion of AI infrastructure spending faces impairment risk by 2030, and CoreWeave fell 15.5%. Separately, pension funds have been net sellers this month, and brokers say the slide lacks buyers to absorb foreign selling.
Sources:
- Seventh Straight Decline: 1,190 Trillion Won of Kospi Market Value Gone — Seoul Economic Daily, Oct 15, 2026
- "$3.5 Trillion of AI Investment at Risk of Impairment by 2030, 80% of Neoclouds to Vanish" — Seoul Economic Daily, Oct 15, 2026
- Fed Beige Book: "High Oil Costs Pass Through the Supply Chain," Warning Sign of Sticky Inflation — Seoul Economic Daily, Oct 15, 2026
- July's Nightmare Returns: "The Next Two Weeks Are the Watershed for a Death Cross" — Seoul Economic Daily, Oct 15, 2026
- Pension Funds Tied by Holding Limits Sold 183.2 Billion Won in the Plunge — Seoul Economic Daily, Oct 15, 2026
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Tags:
#KOSPI #CircuitBreaker #Gartner #CoreWeave #PensionFunds #AIPRISM #SeoulEconomicDaily #WANIFRA
