World shares are mixed, while South Korea’s Kospi sinks nearly 11% on heavy selling of chipmakers

World shares are mixed, while South Korea’s Kospi sinks nearly 11% on heavy selling of chipmakers

HONG KONG (AP) — South Korea’s Kospi index plunged nearly 11% on Tuesday on heavy selling of computer chipmaking stocks that have been battered recently by waves of fears that the boom in artificial intelligence may turn out to be a bubble.

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