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AI Fears Roar Back, Tech Earnings on Deck

Bloomberg Markets20 October 2026, 15:06 UTCSouth Korea

A rebound in the artificial intelligence trade sputtered after the dismal debut of a South Korean data center firm revived concerns about whether the technology’s spending boom can last. Seoul’s Kospi Index fell 3.8% on a fresh bout of weakness in two of the world’s biggest memory makers, Samsung Electronics Co. and SK Hynix Inc. AI infrastructure group Elice Inc. suffered the worst opening day for a sizable company on the bourse, even after an initial public offering that was 400 times subscribed. The Opening Trade has everything you need to know as markets open across Europe. With analysis

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KOSPIStock marketSouth Korea20 October 2026, 11:05 UTC

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