연이은 AI 악재에 코스피 ‘낙관주의’ 실종…버블 논란까지

Recent global events concerning artificial intelligence (AI) have caused significant turmoil on the Korean Stock Exchange (KOSPI), with the index plummeting to its lowest level in seven months. Major players in the AI sector, such as Samsung Electronics and SK Hynix, have seen drastic declines due to anticipated challenges in the field.

While some argue that the market is experiencing an "AI bubble," others maintain a "double Y (W) reversal" situation, where the index is expected to rebound after previously hitting a bottom following a sharp drop in July. Analysts are concerned about the future of the AI industry, citing factors such as high interest rates, the sustainability of AI investment, and intensifying competition in memory semiconductor technology.

Additionally, the recent sharp increase in U.S. consumer prices has raised concerns about risk aversion and the cost of borrowing, further impacting AI-related investments. South Korean chipmaker Samsung Electronics and SK Hynix have been particularly hard hit, with declines of 9.48% and 11.06% respectively. The KOSPI's performance has been heavily influenced by the fortunes of these two companies, which together accounted for more than half of the index's total market capitalization.

Some analysts suggest that the recent bubble burst might mark the beginning of a new phase for the KOSPI, as global investors struggle to find optimism beyond the current market.