The stock market|Stock prices fell in South Korea and Japan.
Fears from the artificial intelligence bubble have weighed on technology stocks on Friday, at least in South Korea and Japan.
In South Korea, shares of chip giants have collapsed in morning trading. The value of the device manufacturer Samsung’s share has fallen by almost five percent, while the chip manufacturer SK Hynix has lost more than nine percent of its value.
The Seoul Stock Exchange’s Kospi index has been down almost four percent. The Tokyo Stock Exchange’s Nikkei 225 index has been down more than two percent. The Japanese SoftBank, which invests in technology, has been in a dive of more than ten percent.