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Seoul stocks slide nearly 4% on AI jitters, unrest in France

South Korean shares plunged by nearly 4 percent Tuesday, as investors attempted to cash in recent gains in major chip shares amid persistent concerns over the artificial intelligence value chain. The Korean won was trading higher against the US dollar. The benchmark Korea Composite Stock Price Index fell 215.27 points, or 3.73 percent, to 5,552.74 after declining as low as 5,493.24. The index opened 0.6 percent lower and extended its losses amid deepening woes over AI-related sectors as well as

Source: The Korea Herald