13 Oct 2026 | 5 Mins Read
AI-related stocks like Hitachi Energy drop up to 5% amid global AI selloff
Flipitmoney
A sharp sell-off in global AI and semiconductor stocks caused South Korea’s KOSPI to plunge over 6%, hitting its lowest in over two years and dragging Asian equities down. Indian AI and energy stocks including Hitachi Energy India and E2E Networks fell up to 5.5%. Semiconductor giants like Samsung and SK Hynix dropped 8–10% amid concerns over rising competition from China.