South Korea's Kospi Index Sinks 7% Amid Deepening Tech Sell-Off

South Korea's benchmark Kospi index plummeted by over 7%, marking a deep sell-off in technology shares following declines in U.S. stocks due to higher-than-expected inflation. Major technology firms like Samsung Electronics and SK Hynix experienced significant drops. The downturn in Asian markets mirrored losses on Wall Street, where AI-related stocks also fell sharply.