Seoul shares dip over 5% on tech sell-off on renewed AI, inflation woes

What happened: Seoul shares fell more than 5 percent Tuesday, a fifth straight losing session, as technology stocks tumbled on renewed AI and inflation worries. The KOSPI dropped 348.89 points, or 5.46 percent, to 6,035.35. Key numbers: KOSPI down 5.46 percent to 6,035.35. Foreigners sold a net 4.51 trillion won ($3.35 billion). Why it matters: An analyst cited concerns over OpenAI's revenue and completed local chipmaker share buybacks weighing on tech stocks. Investors await the US consumer price index report for clues on the Federal Reserve's policy outlook. Coverage: 4 outlets in 24h

Seoul shares fall 5% as tech sell-off deepens on AI and inflation concerns.

Seoul shares fall 5% as tech sell-off deepens on AI and inflation concerns. — impact context not separately stored; see What changed.