South Korea’s Kospi index fell nearly 8% in Thursday trading, marking a second consecutive session of severe losses for the benchmark.
The decline was driven by a broad-based retreat in technology and semiconductor shares, as selling pressure intensified across the sector.
The market move reflects deepening investor anxiety regarding the artificial intelligence theme that has underpinned valuations in the region.
With sentiment cooling, traders are unwinding positions in high-beta tech names, exacerbating the downward momentum that began in early Wednesday trading.
This latest drop follows a similarly steep decline on Wednesday, which was described as one of the sharpest single-day falls in recent memory.
The back-to-back sessions of heavy selling suggest a structural repricing rather than a temporary liquidity shock, as concerns over AI demand sustainability take hold.