Mint Quick Edit | Is AI hype finally fizzling out? Here’s what global equity market trends suggest
Tuesday’s drop in the stocks of South Korea’s tech majors was a sign of nervousness. The shares of Elice Group, which builds AI infrastructure, crashed more than 30% from their initial public offering price after they made their market debut. Shares of SK Hynix fell 4.9% and those of Samsung Electronics slid 3.2%, pulling the broader Kospi index down 3.7%.
