Seoul shares dip over 3% amid escalating AI woes

South Korean stocks plunged more than 3 percent Tuesday, driven by heavy tech sell-offs amid escalating woes about massive artificial intelligence (AI) spending. The Korean won was trading higher against the US dollar. After opening 2.46 percent lower, the benchmark Korea Composite Stock Price Index extended losses to close at 5,648.79, down 210.29 points, or 3.59 percent. Trade volume was light at 192.4 million shares worth 14.1 trillion won ($10.5 billion), with decliners beating gainers 656 t