South Korea's KOSPI Plunges 35% in a Month Amid Chip Stock Sell‑Off

The KOSPI, South Korea’s benchmark index, has dropped 35% in a single month, marking one of the steepest declines in recent history. The fall is largely attributed to a massive sell‑off in semiconductor and chip stocks, sectors that have long been the backbone of the country’s economy. Global investors, wary of slowing demand in key markets such as China and the United States, have pulled back from these high‑growth stocks, triggering a cascade of selling across the market. The downturn has reverberated beyond South Korea, with global indices showing increased volatility and Indian investors watching closely for potential spill‑over effects.