South Korea & Lam Research

South Korea: South Korea's Kospi index plunged due to the sell-off in AI-related shares, despite government plans for significant investments in computer chip manufacturing.

Lam Research: Lam Research jumped in off-hours trading, showing a recovery trend in the semiconductor equipment sector.

South Korea: South Korea's Kospi index experienced a sharp decline due to losses in its chip companies, indicating a negative impact on its stock market.

Lam Research: Lam Research's stock sank, reflecting broader concerns about the computer chip industry and AI-related spending.

Lam Research: Lam Research, a foreign supplier of advanced etching tools, is being negatively impacted as China's policy leads to its equipment being partially replaced by domestic alternatives and its ability to service existing equipment is hampered by US restrictions.