Seoul stocks slide over 3% on profit-taking amid persistent AI woes

South Korean shares plunged more than 3 percent Thursday as investors took profits on major chip shares following a rebound in the previous session, amid concerns over investments in the artificial intelligence value chain. The Korean won strengthened against the US dollar. The benchmark Korea Composite Stock Price Index fell 201.8 points, or 3.52 percent, to 5,533.77. The index opened down 1.14 percent before briefly turning positive to reach an intraday high of 5,740.28. It soon resumed its de

Source: The Korea Herald