South Korea stocks fall 5% as tech heavyweights follow plunge in Wall Street's AI-linked names

South Korea's stock market experienced a significant downturn, with the Kospi index dropping 5.01% as the fallout from a decline in Wall Street's tech sector spread to Asia. Major players like Samsung Electronics and SK Hynix contributed to the losses, falling 4.34% and 7.57%, respectively. Additionally, the country's labor minister urged tech firms to share profits from the booming AI-driven semiconductor market, raising concerns about income inequality and potential further pressure on the sector.