Semiconductor and Geopolitical Volatility Impact Global Markets
Asian stock markets, particularly South Korea's KOSPI dominated by chipmakers like Samsung and SK Hynix, experienced significant declines amid concerns over the sustainability of AI-related capital expenditures. The Philadelphia Semiconductor Index also dropped nearly 13% in July despite a strong year-to-date performance.
Topics: AI investment Asian markets crude oil prices KOSPI volatility leveraged ETFs semiconductors U.S.-Iran tensions