Global Market: Samsung, SK Hynix plunge up to 11% as investors reassess AI chip boom

South Korean chip stocks experienced sharp declines on Tuesday. Major companies like Samsung Electronics and SK Hynix saw significant drops. Investors scaled back artificial intelligence-related bets due to spending sustainability worries. Concerns over China's semiconductor advancements also fueled market unease. This selloff reflects a broader reassessment of AI valuations and future demand.