# Korea's KOSPI loses about $1.1 trillion as memory chip stocks slide

> Original title: Korea’s Stock Market Crashed $1 Trillion. What Does That Mean for the Global AI Race?

- Source: ChinaTalk
- Published: 2026-11-01T13:33:33.000Z
- Bad Influence: https://badinfluence.news/items/f7igh0p443tdlway0rdq5n4ij
- Original: https://www.chinatalk.media/p/koreas-stock-market-crashed-1-trillion

## Summary

South Korea's KOSPI entered a bear market from June 22 to July 16, shrinking more than a quarter and wiping out nearly $1.1 trillion in market capitalization, according to CEIC. SK hynix and Samsung fell 38% and 29% over the same window, per Bloomberg. The article links the decline to the concentration of Korean stocks in memory chips, which SK hynix and Samsung control 83% of global HBM market share.