KOSPI Slides 4% After AI Chip Forecast Disappoints and Won Weakens
South Korea's benchmark KOSPI index fell about 4% over the week as a weaker Korean won and a U.S. semiconductor selloff undermined investor sentiment. The drop followed Broadcom's third-quarter AI semiconductor revenue forecast of $16 billion, which missed market hopes, and coincided with foreign investor outflows concentrated in technology and aut…