EconomyAI Fears Roar Back as Tech Earnings Loom

A dismal debut by a South Korean data-center firm revived doubts about whether the AI spending boom can endure, stalling a rebound in AI-linked trading. The Kospi fell 3.8% as Samsung Electronics and SK Hynix weakened. AI infrastructure group Elice Inc. had the worst first-day performance for a sizable company on the exchange, despite IPO subscriptions reaching 400 times the offering.