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KOSPI Falls Over 1% Amid 'DeepSeek Aftershock'... Exchange Rate Surpasses 1,450 Won

Retrieved on: 2025-01-31 07:46:51

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KOSPI Falls Over 1% Amid 'DeepSeek Aftershock'... Exchange Rate Surpasses 1,450 Won. View article details on hiswai:

Summary

The article discusses the impact of DeepSeek's cost-effective AI model on Korea's stock market, noting a decline in AI chip demand linked to the KOSPI and KOSDAQ indices, with significant foreign investor sell-offs affecting key companies like Samsung and SK hynix. Naver benefits from anticipated cost savings in AI development.

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