Artificial Intelligence #ai#dotcom
AI's dotcom deja vu: KOSPI loses 22% in July as $1.2 trillion vanishes
The KOSPI Composite Index lost 22% in July, its third-worst month, as concentrated AI chip bets unwound. $1.2 trillion of market cap evaporated. The report says AI-front-runner stocks are down 30% on average, erasing $6 trillion, with the S&P 500's 33x P/E echoing dotcom bubble conditions.
Aug 1, 2026 1 source