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KOSPI Falls Over 20% Within a Month as Market Awaits Big Tech AI CAPEX Expansion

Indices AI Industry News

2026-07-22 23:49:44

According to Yonhapinfomax, South Korea's KOSPI index fell more than 20% within about a month after briefly breaking above 9,000 in late June. Market participants have shifted focus to a potential rebound, with experts commonly citing the continuation of U.S. Big Tech artificial intelligence investment as a critical condition for recovery. The expansion of capital expenditures (CAPEX) by major technology firms is seen as key to restoring market momentum, particularly given the semiconductor sector's role as a primary driver for the Korean index.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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