KOSDAQ Crashes Below 1,000: AI Supercycle Not Over Yet
Table of Contents The Scale of Foreign Capitulation Semiconductor Equipment Stocks: A Tale of Two Days Foreign Selling: $54.3 Billion and Counting Securities Industry Restructuring: A Structural Shift U... KOSDAQ Crashes Below 1,000: AI Supercycle Not Over Yet Published: June 6, 2026 | By Korean Markets Analyst South Korean markets just experienced their darkest session in years. The KOSPI cratered 478.82 points — a brutal 5.54% decline — to close at 8,160.59. The KOSDAQ meanwhile slid 47.29 points (4.50%) to 1,002.44, briefly dipping below the psychologically-critical 1,000 level intraday before staging a modest recovery. I've been tracking Korean equities for over a decade, and I can tell you: this one felt different from the routine corrections we've seen in recent years. The trigger was obvious to anyone watching global markets. Broadcom (AVGO) collapsed 12.59% to $418.91 on the NYSE overnight — its worst single-day drop since January 2024 when it fell...