True
The KOSPI opened sharply lower, falling 3 percent as mounting concerns over US AI investment weighed on the market, pushing the index back below the 5,700 mark.
The Korean benchmark index retreated from the 5,700 level at the open, dropping 3 percent as investor anxiety over US AI investment deepened. The decline marks a sharp reversal from the index's recent position above that threshold.
Concerns surrounding heavy investment in artificial intelligence in the United States triggered broad selling pressure in the Korean market. AI-related and semiconductor-linked names, which have been key drivers of the KOSPI's recent gains, came under particular pressure as investors reassessed the pace and scale of US AI spending.
The steep opening drop reflects the sensitivity of the Korean market to developments in the global AI sector, where Korean chipmakers such as Samsung Electronics and SK hynix hold significant exposure through memory and semiconductor supply chains.
The KOSPI's 3 percent opening plunge and retreat from the 5,700 line amid US AI investment jitters is True.