KOSPI Crash Explained | ₹152 Lakh Crore Gone, AI Stocks Under Massive Pressure

South Korea's stock market is witnessing one of its sharpest selloffs in recent history. In just 28 trading sessions, the KOSPI has plunged over 40%, wiping out nearly ₹152 lakh crore ($1.59 trillion) in investor wealth. The correction has been led by AI-linked semiconductor stocks as concerns grow over whether massive AI investments can generate sustainable long-term returns. Even blockbuster earnings from SK Hynix failed to stop the selling, highlighting how cautious investors have become. Adding to the pressure are China's rapid advances in semiconductor manufacturing and elevated valuations after the AI-driven rally. The sharp decline has prompted South Korea's government to convene an emergency market review. Is this a healthy correction, or does it signal a broader shift in global AI market sentiment? Watch the full analysis.