AI stock rally stalls as chip indices decline
Story essentials
Kospi, PHLX, Chip manufacturers
South Korea, USA
July 16, 2026
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COMPAMIR Editorial Team
The COMPAMIR editorial team brings together public reporting and links to the original coverage. We update the page as new information emerges.
Read our editorial policy- Earlier version 17/17/2026, 3:21:22 AM
The South Korean Kospi index fell by 6% on Thursday, with a 19% loss since the beginning of the month. The US Philadelphia Semiconductor Index (PHLX) has dropped 13% since early July. Market uncertainty is growing regarding the sustainability of the AI-driven chip boom.
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