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South Korean stocks fall, currency slips as foreigners dump shares

South Korean stocks fell sharply as foreigners dumped shares, led by chipmakers Samsung and SK Hynix, after Broadcom's disappointing AI chip revenue guidance.

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Editorial Team
June 5, 2026
1 min read
Markets Broadcom's stock plunge sends shock wave to Samsung, SK Hynix The share rout in Seoul was led by chipmakers after disappointing artificial intelligence chip revenue guidance from U.S. company Broadcom. (Photo by Yo Inoue) KIM JAEWON June 5, 2026 14:29 JST SEOUL -- South Korean stocks fell as much as 6.9% on Friday at one point, as shares of the market's two leading companies -- Samsung Electronics and SK Hynix -- dropped sharply, hit by U.S. chipmaker Broadcom's $285 billion wipeout in market value overnight.

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